Archive: MSA
Effective as of 11/6/25
MASTER SUBSCRIPTION AGREEMENT
This Master Subscription Agreement (this “Agreement”) is entered into by and between Productiv, Inc., a Delaware corporation with offices at 477 Sutter St, Ste 405, San Francisco, CA 94108 (“Productiv”), and the entity or individual accepting this Agreement (“Customer”). This Agreement is effective as of the date Customer first accepts it by clicking “I agree,” signing up online, or executing an Order Form that references this Agreement (the “Effective Date”).
- Definitions.
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- Affiliate means any company that controls, is controlled by, or is under common control with a party. “Control” means owning more than 50% of that company’s voting shares.
- Authorized User means an employee or contractor who is authorized by Customer to use the Services or submit Customer Data.
- Customer Data means information about your company and how your team uses software and AI tools. This includes things like usage activity, settings, spending, contracts, and related details (including any personal information). It covers anything you or your team upload or connect to the Services, such as through integrations or file uploads. It also includes your app and vendor contracts, AI tool information, and other related business data.
- Data Processing Addendum (DPA) means the addendum located at productiv.com/legal/dpa, which governs Productiv’s processing of Personal Data on behalf of Customer.
- Documentation means the online help guides and instructions for using Productiv’s services, available at help.productiv.com or any future website that replaces it.
- Effective Date means the date this Agreement is last signed by both parties.
- Non-Productiv Application means any third-party app or service that Productiv’s platform shows information about. Productiv doesn’t run, control, or provide support for these outside tools.
- Order Form means the document (or online order) that lists what you’re buying from Productiv — what services you’ll get, for how long, and at what price — and that both you and Productiv agree to.
- Personal Data means any information that identifies or can reasonably be used to identify an individual person as defined under applicable data-protection laws.
- Security Practices means Productiv’s published standards for keeping customer data safe and secure, which are available at trust.productiv.com.
- Services means Productiv’s cloud-based platform for discovering, analyzing, and managing software and AI tools across an organization, including capabilities for application discovery, usage insights, reviews, portfolio management, and contract analysis.
- Subscription Term means how long you can use Productiv’s services, as stated in your Order Form.
- Support means the help Productiv provides for your plan, like answering questions or fixing issues with the service.
- Productiv Obligations.
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- Provision of Services. Productiv will (i) make the Services purchased under an Order Form available to Customer during the applicable Subscription Term and pursuant to this Agreement; (ii) provide standard Support to Customer at no additional charge; and (iii) use commercially reasonable efforts to make the Services available 24 hours a day, 7 days a week, except for planned downtime (of which Productiv gives prior electronic notice) and excluding beta or Evaluation features.
- Changes. Productiv may change, modify, or republish the Services and reserves the right to modify or discontinue individual features within the Services from time to time, with notice to Customer via the Services web portal or website. Notwithstanding the foregoing, Productiv agrees that it will not materially diminish the core functionality of the purchased Services during a Subscription Term, and a breach of this commitment shall be deemed a material breach under Section 5(b) below. If Productiv discontinues a feature that materially impacts Customer’s use of the Services, Customer may terminate the affected Order Form upon thirty (30) days’ written notice and receive a pro-rated refund for any prepaid fees covering the unused portion of the applicable Subscription Term.
- Data Security. Productiv will maintain administrative, physical, and technical safeguards for the security, confidentiality and integrity of Customer Data at a level not materially less protective than as described in the Security Practices. While providing the Services to Customer, Productiv may process Customer Data that includes information relating to an identified or identifiable natural person (“Personal Data”). The parties agree that the Data Processing Addendum attached hereto as Exhibit A forms a part of and supplements this Agreement with respect to the processing of any such Personal Data.
- Productiv Personnel. Productiv will be responsible for the performance of Productiv’s personnel (including Productiv’s employees and independent contractors) and their compliance with Productiv’s obligations under this Agreement.
- Evaluation Services. From time to time, Customer may be invited to try beta or evaluation versions of the Services. Notwithstanding anything to the contrary in this Agreement, to the maximum extent permitted by law, (i) the Evaluation Services are provided as is, without any warranties, express or implied, and (ii) Productiv will have no indemnification obligations or liability of any type with respect to the Evaluation Services, including their performance, speed, functionality, security, support, or availability.Unless otherwise stated on a relevant Order Form, Productiv may discontinue Evaluation Services at any time in its sole discretion. Customer is solely responsible for backing up and/or exporting Customer Data from the Evaluation Services prior to termination of Customer’s access to the Evaluation Services for any reason.
- Access and Use of Services.
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- Use of Services and Documentation. Subject to the terms of this Agreement and the applicable Order Form, Productiv grants to Customer a limited, non-sublicensable, non-exclusive, non-transferable (except in compliance with the Assignment clause) right during the applicable Subscription Term to allow its Authorized Users to access and use the Services and Documentation, solely for Customer’s internal business operations.
- Onboarding Assistance. Productiv may provide standard onboarding assistance as part of the Services, at no additional cost.
- Customer Obligations and License. Customer will be responsible for: (i) all activities conducted under its account and its Authorized Users’ use of the Services; (ii) securing all access credentials provided by Productiv; (iii) access and use the Services in compliance with this Agreement, the applicable Order Form, and all applicable laws; (iv) the accuracy, quality and legality of Customer Data, and possessing sufficient rights to permit the use of such Customer Data as contemplated under this Agreement; (v) complying with its agreement(s) for any Non-Productiv Application with which Customer elects to use in connection with the Services; and (vi) not (a) accessing the Services for the purpose of building a competitive product or service, (b) copying or creating derivative works based on the Services, or any portion thereof, and (c) reverse engineering, modifying, adapting, or disrupting the proper operation of the Services, or otherwise attempting to gain unauthorized access to the Services or its related systems or networks. Subject to Section 6, Customer grants Productiv and its Affiliates a worldwide, non-exclusive, royalty-free right and license to access, use, copy, host, and display Customer Data for the sole purpose of providing the Services to Customer during the Term.
- Removal Requests. Productiv has no obligation to monitor Customer’s use of the Services, but Productiv may do so and may prohibit any use of the Services or suspend access to content or data it believes in good faith violates Sections 3(a) or 3(c).
- Future Functionality. Customer agrees that its purchases hereunder are neither contingent on the delivery of any future functionality or features nor dependent on any oral or written public or private comments made by Productiv regarding future functionality or features.
- Non-Productiv Applications. If Customer wishes to use a Non-Productiv Application with a Service, Customer grants Productiv permission to connect the Service with the Non-Productiv Application to receive and process Customer Data on its behalf in accordance with this Agreement.
- Gen AI Based Features – Terms of Use. Certain portions of the Services provided by Productiv may be facilitated or powered through the use of Generative AI derived from large language models (collectively, “Gen AI Based Features”). Productiv will not use Customer Data to train any Gen AI Based Features. The Services may generate summaries, classifications, or insights using automated models. These outputs are machine-generated and provided solely for informational purposes; they are not the result of human professional services, advice, or analysis. Customer remains responsible for reviewing and verifying all such outputs before relying on them. Customer acknowledges that responses or results produced by Gen AI Based Features are provided on an “as-is” basis, without warranties of any kind, whether express or implied, including any implied warranties of accuracy, reliability, fitness for a particular purpose, or non-infringement. Customer should verify the validity of results generated from the use of Gen AI Based Features. Productiv shall not be responsible for any loss or damage resulting from the use of results generated by Gen AI Based Features. A reduction or elimination of any Gen AI Based Feature that Productiv provides on a no-cost basis shall not be deemed a material reduction in the functionality of the Services.
- Fees and Payment.
- Service Fees. Customer will pay Productiv the applicable fees for the Services specified in the relevant Order Form (collectively, the “Fees”). Except as expressly set forth in this Agreement or in any applicable Order Form: (i) Fees are quoted and are due and payable in United States Dollars, net of taxes; (ii) Fees paid are non-refundable; and (iii) payment obligations are non-cancelable. If Customer’s use of the Services exceeds any applicable limits (as described in the Order Form or Documentation) or otherwise requires the payment of additional fees as set forth in the Order Form, Customer shall be invoiced for such usage and Customer agrees to pay the additional Fees.
- Invoices and Payment Terms. Fees will be invoiced in advance and otherwise in accordance with the relevant Order Form. Productiv will bill Customer through invoices sent via email to the billing contact designated by Customer. Unless otherwise agreed in the relevant Order Form, full payment for invoices issued must be received within thirty (30) days from the invoice date.
- Taxes. All fees are exclusive of taxes. Except for those taxes based on Productiv's net income, Customer will be responsible for all applicable taxes in connection with this Agreement including, but not limited to, sales, use, excise, value-added, goods and services, consumption, and other similar taxes or duties. Should any payment for the Services provided by Productiv be subject to withholding tax by any government, Customer will reimburse Productiv for such withholding tax.
- Fee Disputes. Any good faith disputes regarding invoices must be raised by Customer in writing within thirty (30) days of receipt of such invoice. Customer and Productiv will diligently work to address such contested amounts, provided, however, that Customer will remain responsible for promptly paying any undisputed portion of an invoice. Unpaid amounts which are not disputed in good faith are subject to a finance charge of 1.5% per month on any outstanding balance, or the maximum permitted by law, whichever is lower, plus all reasonable costs of collection.
- Term.
- Agreement Term. This Agreement commences on the Effective Date and continues until all Order Forms have expired or been terminated (the “Term”). The Services commence on the start date and continue for the Subscription Term specified in the applicable Order Form. Except as otherwise specified in an Order Form, all purchases will automatically renew for additional periods equal to the then-current Subscription Term, unless either party gives the other written notice of non-renewal (email permitted) at least thirty (30) days prior to the end of the relevant Subscription Term. If an Order Form is not renewed, Customer will lose access to the expiring Services within twenty-four (24) hours of the last day of the Subscription Term. The Fees during any automatic renewal term will be the same as the then-current fees, unless Productiv has provided notice prior to the end of the Subscription Term of a fee adjustment. Termination of this Agreement will terminate any and all Order Forms under this Agreement.
- Termination for Cause. Either party may terminate this Agreement if the other party commits any material breach of this Agreement and fails to remedy such breach within 30 days after receipt of written notice together with a reasonably detailed description of such breach.
- Refund or Payment upon Termination for Cause. Upon any termination for cause by Customer, Productiv will refund Customer any prepaid fees of all subscriptions covering the remainder of the Subscription Term after the effective date of termination. Upon any termination for cause by Productiv, Customer will pay all outstanding invoices and any unpaid fees covering the remainder of the Subscription Term of all Order Forms. In no event will any termination relieve Customer of the obligation to pay any fees payable to Productiv for the period prior to the effective date of termination.
- Suspension of Service. If any undisputed charge owed by Customer (excluding amounts reasonably disputed in good faith) is thirty (30) days or more overdue, Productiv may, without limiting its other rights and remedies, suspend the Services without liability to Customer until such amounts are paid in full, provided Productiv has given Customer at least ten (10) days’ prior written notice that its account is overdue, which may be provided to Customer’s designated billing contact via email. Productiv will lift the suspension promptly upon receipt of past-due amounts.
- Portability and Deletion. If requested by Customer prior to the termination or expiration of the Term, Productiv will permit Customer to access the Services for ten business days following the termination date solely as necessary to download a copy of the Customer Data then stored by Productiv. Within 60 days following the date of termination, Productiv will, unless legally prohibited, delete all Customer Data in its systems or otherwise in its possession.
- Surviving Provisions. The sections titled “Fees and Payment,” “Proprietary Rights,” “Confidentiality,” “Representations, Warranties and Disclaimers,” “Mutual Indemnification,” “Limitation of Liability,” “Refund or Payment upon Termination for Cause,” “Portability and Deletion,” “Surviving Provisions” and “General Provisions” shall survive any termination or expiration of this Agreement.
- Proprietary Rights.
- Reservation of Rights in Services. Subject to the limited rights expressly granted hereunder, Productiv owns and reserves all rights, title and interest in and to the Services and Documentation, including all related intellectual property rights.
- Reservation of Rights in Customer Data. Subject to the limited rights expressly granted hereunder, Customer owns all rights, title and interest in and to its Customer Data.
- Aggregate Usage Data. Productiv may collect and aggregate de-identified Customer Data with data from other customers to generate aggregated or statistical information relating to the provision, performance, or improvement of the Services (“Aggregate Usage Data”). Productiv may use and disclose Aggregate Usage Data for its legitimate business purposes, provided that such data does not identify Customer or any individual and does not include any Customer Confidential Information.
- Feedback. If Customer or any Authorized User provides Productiv any feedback or suggestions regarding the Services (“Feedback”), Productiv may freely use and incorporate such Feedback into its products and services without restriction or obligation to Customer.
- Confidentiality.
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- Definition of Confidential Information. “Confidential Information” means any non-public information that a reasonable person would consider confidential, whether shared orally, in writing, or electronically. Customer’s Confidential Information includes its Customer Data (as defined in Section 1.3). Productiv’s Confidential Information includes the Services, Documentation, and any related technical or business information. Each party’s Confidential Information also includes this Agreement, all Order Forms, pricing, and any business, financial, or product plans. Confidential Information does not include information that (i) is or becomes public through no fault of the Receiving Party; (ii) was known to the Receiving Party before disclosure; (iii) was lawfully received from a third party; or (iv) was independently developed without using the Disclosing Party’s Confidential Information.
- Protection of Confidential Information. Each party will protect the other’s Confidential Information using at least the same degree of care it uses to protect its own similar information, and never less than reasonable care. A party may use the other’s Confidential Information only to perform obligations or exercise rights under this Agreement. Confidential Information may be shared only with employees, affiliates, contractors, or advisors who have a legitimate need to know it and are bound by confidentiality obligations no less protective than those in this Agreement. If a party is legally required to disclose the other’s Confidential Information, it will give advance written notice (where allowed by law) and limit the disclosure to the minimum amount required. Each party will promptly notify the other of any unauthorized access or disclosure. Upon written request after termination or expiration of this Agreement, each party will return or securely destroy the other’s Confidential Information, except for information retained as required by law or in automatic archival systems, which will remain subject to ongoing confidentiality obligations.
- Publicity. Customer allows Productiv to use its name and logo in a reasonable, factual way to identify Customer as a Productiv customer (e.g., on the Productiv website or presentations). Productiv will follow Customer’s trademark guidelines if provided. Any other marketing use (such as press releases or case studies) requires Customer’s written approval. Productiv’s use of Customer’s name or logo will not imply Customer’s endorsement of Productiv or its Services.
- Representations, Warranties and Disclaimers.
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- Mutual Representation. Each party represents that it has validly entered into this Agreement and has the legal power to do so.
- Productiv Warranty. Productiv warrants that (i) the Services will perform materially in accordance with the Order Form and any applicable Documentation, (ii) the Services will be performed in a professional and workmanlike manner in accordance with generally accepted industry practices for similar SaaS providers, and (iii) Productiv will use commercially reasonable efforts to prevent the introduction of computer viruses or malicious code (“Harmful Code”) into the Services and will maintain tooling for detection and response if Harmful Code is introduced. For any breach of the above warranties, Customer’s exclusive remedies are those described in Sections 5(b) and 5(c).
- Warranty Exclusions. The warranties in Section 8(b) do not apply to errors or defects in the Services to the extent caused by (i) Customer’s use of the Services in a manner not conforming with this Agreement or the applicable Documentation, (ii) modification of the Services by or on behalf of Customer without Productiv’s prior written consent, (iii) Customer Data or Customer Materials, or (iv) Customer’s use of any Non-Productiv Applications or portions of applications, products, or services not provided by Productiv.
- Customer Warranty. Customer warrants that it has all necessary rights and permissions to provide and use Customer Data, Customer Materials, and Non-Productiv Applications in connection with the Services.
- Disclaimer. Except as expressly stated in this Agreement, the Services, Documentation, Support, and all related components and information are provided on an “as-is” and “as-available” basis. Productiv disclaims all other warranties, whether express, implied, statutory, or otherwise, including any implied warranties of merchantability, title, fitness for a particular purpose, and non-infringement. Productiv does not warrant that the Services will be uninterrupted or error-free, and Customer acknowledges that Productiv has no obligation or liability with respect to any Non-Productiv Application.
- Limitation of Liability.
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- Limitation on Indirect, Consequential, and Related Damages. Neither party nor its affiliates will be liable for lost profits, revenues, goodwill, data, or for any indirect, special, incidental, consequential, or punitive damages arising out of or related to this Agreement, whether based in contract, tort, or any other legal theory, even if the party was advised of the possibility of such damages. This limitation will not apply where prohibited by law.
- Limitation of Liability. The total aggregate liability of either party and its affiliates arising out of or related to this Agreement will not exceed the total fees paid or payable by Customer under the applicable Order Form for the Services giving rise to the claim during the twelve (12) months before the event giving rise to the liability (the “General Liability Cap”). This limitation applies regardless of the form of action or legal theory.
- Exceptions to the Limitation of Liability. The limits in Sections 9(a) and 9(b) do not apply to (i) Customer’s payment obligations, (ii) either party’s indemnification obligations under Section 10, or (iii) damages caused by a party’s gross negligence or willful misconduct.
- Enhanced Liability Cap. A party’s aggregate liability arising from its breach of confidentiality obligations or of the DPA that results in unauthorized access to, use of, or disclosure of Customer Data will not exceed two (2) times the General Liability Cap.
- Mutual Indemnification.
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- Productiv Indemnification. Productiv will defend Customer and its affiliates, and their respective officers, directors, employees, and contractors, against any third-party claim alleging that Customer’s authorized use of the Services infringes, violates, or misappropriates a third party’s intellectual-property right (a “Claim Against Customer”). Productiv will pay any damages, attorneys’ fees, and costs finally awarded against Customer, and any amounts paid under a court-approved settlement of a Claim Against Customer. For clarity, Productiv’s obligations under this Section 10(a) apply only to portions of the Services developed or owned by Productiv and do not extend to third-party software, APIs, or AI models used within the Services. This obligation does not apply to the extent the claim arises from (i) Customer Data or any Non-Productiv Application, (ii) Customer’s negligence, misconduct, or breach of this Agreement, or (iii) any modification, combination, or development of the Services not performed by Productiv, including use of any APIs.
- Customer Indemnification. Customer will defend Productiv and its affiliates, and their respective officers, directors, employees, and contractors, against any third-party claim alleging that Customer’s use or provision of Customer Data violates a third party’s intellectual property right or applicable law (a “Claim Against Productiv”). Customer will pay any damages, attorneys’ fees, and costs finally awarded against Productiv, and any amounts paid under a court-approved settlement of a Claim Against Productiv. This obligation does not apply to the extent the claim arises from Productiv’s breach of this Agreement.
- Indemnification Procedure. The party seeking indemnification must promptly notify the other in writing of any claim, allow the indemnifying party to control the defense and settlement of the claim, and provide reasonable cooperation at the indemnifying party’s expense. The indemnifying party may not settle any claim that imposes an obligation on the indemnified party without the indemnified party’s written consent, which will not be unreasonably withheld.
- Exclusive Remedy. The indemnification obligations described in this section are each party’s entire liability and the other party’s exclusive remedy for the claims they cover, to the extent permitted by law.
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- Insurance. During the Term, Productiv will, at its own expense, maintain insurance coverage with carriers rated A- or better by A.M. Best Company. Such coverage will include: (i) commercial general liability on an occurrence basis with limits of at least $2,000,000 per occurrence and $4,000,000 in the aggregate, including coverage for premises operations, contractual liability, and products/completed operations; (ii) statutory workers’ compensation and employer’s liability as required by law with limits of not less than $500,000 per occurrence; and (iii) professional errors and omissions insurance, including cyber liability, covering acts, errors, or omissions in connection with the Services with limits of at least $5,000,000 per claim and in the aggregate. Upon reasonable written request (no more than once annually), Productiv will provide Customer with a certificate of insurance evidencing such coverage. Productiv may satisfy these requirements through self-insurance of comparable scope and limits, and maintaining this insurance does not limit Productiv’s liability under this Agreement.
- General Provisions.
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- Compliance with Laws. Each party will comply with all applicable laws and regulations in performing this Agreement.
- Relationship of the Parties. The parties are independent contractors. Nothing in this Agreement creates a partnership, joint venture, agency, fiduciary, or employment relationship between them.
- No Third-Party Beneficiaries. This Agreement is solely between the parties and creates no rights for any other person or entity.
- Notices. Productiv may provide general notices for all customers through the Services or website. Legal notices must be in writing and sent to the addresses in the Agreement preamble (or as updated in writing) and will be deemed received when delivered by hand, email, or recognized overnight courier.
- Waiver. Failure or delay in exercising a right under this Agreement is not a waiver of that right.
- Severability. If any provision is found invalid or unenforceable, the remaining provisions will remain in effect, and the invalid provision will be modified only to the extent necessary to make it valid and enforceable.
- Assignment. Neither party may assign this Agreement without the other’s written consent, except either party may assign it in full to an affiliate or in connection with a merger, acquisition, reorganization, or sale of substantially all its assets. Any permitted assignment binds and benefits successors and permitted assigns.
- Governing Law and Venue. This Agreement is governed by Delaware law, excluding its conflict-of-law rules. The parties will resolve disputes exclusively in the state or federal courts of Delaware and consent to their jurisdiction. Either party may seek injunctive or equitable relief in any competent court for actual or threatened breaches of confidentiality. Each party waives any right to a jury trial. The prevailing party in any enforcement action may recover its reasonable attorneys’ fees and costs.
- Export Compliance. Each party will comply with applicable export and sanctions laws. Customer represents that neither it nor its owners are listed on any U.S. government restricted-party list, and Customer will not use or provide access to the Services in violation of U.S. embargoes or export restrictions.
- Force Majeure. Neither party is liable for delays or failure to perform due to events beyond its reasonable control, including natural disasters, war, terrorism, labor disputes, or cyberattacks.
- Entire Agreement. This Agreement (including any exhibits and Order Forms) is the parties’ entire agreement and supersedes all prior agreements, including any prior non-disclosure agreement. It may be amended only in a writing signed by both parties. If there is a conflict between this Agreement and any exhibit, addendum, or Order Form, that document will control. No terms contained in a purchase order, vendor portal, or other customer documentation will apply, and any such terms are void.
This Agreement may be accepted either (i) by clicking “I agree,” signing up online, or otherwise using the Services, or (ii) by execution of an Order Form referencing this Agreement. In each case, the Agreement is effective as of the date of such acceptance.
Effective from March 4th, 2025 to 11/6/25
MASTER SUBSCRIPTION AGREEMENT
This Master Subscription Agreement (the “Agreement”) is entered into by and between Productiv, Inc., a Delaware Corporation with offices at 658 High St, Palo Alto, CA 94301 (“Productiv”) and [Insert customer name], a [State] corporation with offices at [insert address] (“Customer”), effective as of the last date of signature below (the “Effective Date”).
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- Definitions.
- “Affiliate” means, with respect to a party, any entity that directly or indirectly controls, is controlled by, or is under common control with such party. "Control," for purposes of this definition, means direct or indirect ownership or control of more than 50% of the voting interests of the subject entity.
- “Authorized User” means an employee or contractor who is authorized by Customer to use the Services or submit Customer Data.
- “Customer Data” means data related to Customer’s organization, SaaS application usage and spend, and other information (including Personal Data), submitted by or on behalf of Customer to the Subscription Services. As used herein, “submit” includes providing data via a Non-Productiv Application, upload, or otherwise transmitting to the Subscription Services. For clarity, Customer Data includes Customer’s SaaS vendor agreements.
- “Documentation” means Productiv’s product documentation for the applicable Services made available via https://help.productiv.com/ (or a successor site).
- “Evaluation Services” means features or functionality that Productiv may make available to Customer to try, at its option, and which may be designated by Productiv as a beta, limited release, essentials, evaluation, pilot, proof-of-concept (POC) or by a similar description.
- “Non-Productiv Application” means any web-based, offline, mobile, or other software applications provided by Customer or a Customer third party service provider that may interoperate with or be managed by the Services.
- “Order Form” means an ordering document (including any online order) specifying the Services to be provided hereunder that is entered into between Customer and Productiv.
- “Security Practices” means Productiv’s security practices set forth in https://productiv.com/legal/security-practices/.
- “Services” or “Subscription Services” means the cloud-based SaaS Intelligence platform, analytics and services provided by Productiv. Services excludes Non-Productiv Applications.
- “Subscription Term” means the period of time set forth in an Order Form during which Customer may access and use the Services.
- “Support” means the technical support provided by Productiv for the applicable Services plan.
- Definitions.
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- Productiv Obligations.
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- Provision of Subscription Services. Productiv will (i) make the Services purchased under an Order Form available to Customer during the applicable Subscription Term and pursuant to this Agreement; (ii) provide standard Support to Customer at no additional charge, or, upgraded Support, if purchased; and (iii) use commercially reasonable efforts to make the Services available 24 hours a day, 7 days a week, except for planned downtime (of which Productiv gives prior electronic notice).
- Changes. Productiv may change, modify or republish the Services and reserves the right to discontinue individual features within the Services from time to time and will provide notice of such changes to customers via the Services web portal or website. Notwithstanding the foregoing, Productiv agrees that it will not materially diminish the overall functionality of the purchased Services during an Order Term and furthermore, that a breach of this commitment shall be deemed a material breach under Section 5(b) below.
- Data Security. Productiv will maintain administrative, physical, and technical safeguards for the security, confidentiality and integrity of Customer Data at a level not materially less protective than as described in the Security Practices. While providing the Services to Customer, Productiv may process Customer Data that includes information relating to an identified or identifiable natural person (“Personal Data”). The parties agree that the Data Processing Addendum set forth at https://productiv.com/legal/dpa/ forms a part of and supplements this Agreement with respect to the processing of any such Personal Data.
- Productiv Personnel. Productiv will be responsible for the performance of Productiv’s personnel (including Productiv’s employees and independent contractors) and their compliance with Productiv’s obligations under this Agreement.
- Evaluation Services. From time to time, Customer may be invited to try Evaluation Services at no charge for a free trial, preview or evaluation period. NOTWITHSTANDING ANYTHING TO THE CONTRARY IN THIS AGREEMENT, TO THE MAXIMUM EXTENT PERMITTED BY LAW, (I) THE EVALUATION SERVICES ARE PROVIDED “AS-IS” WITHOUT ANY WARRANTIES, EXPRESS OR IMPLIED, AND (II) PRODUCTIV SHALL HAVE NO INDEMNIFICATION OBLIGATIONS NOR LIABILITY OF ANY TYPE WITH RESPECT TO THE EVALUATION SERVICES, INCLUDING WITH RESPECT TO THEIR PERFORMANCE, SPEED, FUNCTIONALITY, SECURITY, SUPPORT, AND AVAILABILITY. Unless otherwise stated on a relevant Order Form, Productiv may discontinue Evaluation Services at any time in its sole discretion. Customer is solely responsible for backing up and/or exporting Customer Data from the Evaluation Services prior to termination of Customer’s access to the Evaluation Services for any reason.
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- Productiv Obligations.
- Access and Use of Services.
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- Use of Services and Documentation. Subject to the terms of this Agreement and the applicable Order Form, Productiv grants to Customer a limited, non-sublicensable, non-exclusive, non-transferable (except in compliance with the Assignment clause) right during the applicable Subscription Term to allow its Authorized Users to access and use the Services and Documentation, solely for Customer’s internal business operations.
- Provision of Implementation Services and License. Subject to the terms of this Agreement and the applicable SOW, Productiv will provide implementation services to Customer. All information, documents, work products or other materials shared with or provided to Customer by Productiv in connection with the implementation services shall be “Productiv Materials”. Subject to payment of the applicable fees in the SOW, Productiv hereby grants Customer a revocable, non-exclusive, non-sublicensable, non-transferable (except in compliance with the Assignment clause) license to use the Productiv Materials, solely for purposes of Customer’s internal business operations in connection with Customer’s use of the Productiv Services. Productiv retains all ownership rights to the Productiv Materials. For clarity, Productiv Materials do not include any Customer Data or Customer’s name, trademarks, logos and other information provided by Customer to Productiv (“Customer Materials”).
- Customer Obligations and License. Customer will be responsible for: (i) all activities conducted under its account and its Authorized Users’ use of the Services; (ii) securing all access credentials provided by Productiv; (iii) access and use the Services in compliance with this Agreement, the applicable Order Form, and all applicable laws; (iv) the accuracy, quality and legality of Customer Data, and possess sufficient rights to permit the use contemplated under this Agreement; (v) complying with its agreement(s) for any Non-Productiv Application with which Customer elects to use in connection with the Services; and (vi) not (a) accessing the Services for the purpose of building a competitive product or service, (b) copying or creating derivative works based on the Services, or any portion thereof, and (c) reverse engineering, modifying, adapting, or disrupting the proper operation of the Services, or otherwise attempting to gain unauthorized access to the Services or its related systems or networks. Subject to Section 6, Customer grants Productiv and its Affiliates a worldwide, non-exclusive, royalty-free right and license to access, use, copy, distribute, host, display and use Customer Data for the sole purpose of providing the Services to Customer during the Term.
- Removal Requests. Productiv has no obligation to monitor Customer’s use of the Services, but Productiv may do so and may prohibit any use of the Services or disable content or data it believes in good faith violates Sections 3(a) or 3(c).
- Future Functionality. Customer agrees that its purchases hereunder are neither contingent on the delivery of any future functionality or features nor dependent on any oral or written public or private comments made by Productiv regarding future functionality or features.
- Non-Productiv Applications. If Customer wishes to use a Non-Productiv Application with a Service, Customer grants Productiv permission to connect the Service with the Non-Productiv Application to receive and process Customer Data on its behalf in accordance with this Agreement.
- Gen AI Based Features – Terms of Use. Certain portions of the Services provided by Productiv may be facilitated or powered through the use of Generative AI derived from large language models (collectively, “Gen AI Based Features”). Productiv will not use Customer Data to train any Gen AI Based Features. Customer acknowledges that responses or results produced by Gen AI Based Features are provided on an “as-is” basis, without warranties of any kind, whether express or implied, including any implied warranties of accuracy, reliability, fitness for a particular purpose or non-infringement. Customer should verify the validity of results generated from the use of Gen AI Based Features. Productiv shall not be responsible for loss or damage resulting from the use of results generated by Gen AI Based Features. A reduction or elimination of any Gen AI Based Feature which Productiv provides on a no-cost basis, shall not be deemed a material reduction in the functionality of the Services. If Customer does not wish for a specific Gen AI Based Feature to be available to its Authorized Users, a written request must be submitted to Productiv at [email protected] and following receipt, Productiv shall promptly remove all access to the Gen AI Based Feature.
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- Fees.
- Services Fees. Customer will pay Productiv the applicable fees for the Services specified in the relevant Order Form (collectively, the “Fees”). Except as expressly set forth in this Agreement or in any applicable Order Form: (i) Fees are quoted and are due and payable in United States Dollars, net of taxes; (ii) Fees paid are non-refundable; and (iii) payment obligations are non-cancelable. If Customer’s use of the Services exceeds any applicable limits or otherwise requires the payment of additional fees as set forth in the Order Form, Customer shall be invoiced for such usage and Customer agrees to pay the additional Fees.
- Invoices and Payment Terms. Fees will be invoiced in advance and otherwise in accordance with the relevant Order Form. Productiv will bill Customer through invoices sent via email to the billing contact designated by Customer. Unless otherwise agreed in the relevant Order Form, full payment for invoices issued must be received within thirty (30) days from the invoice date.
- Taxes. Except for those taxes based on Productiv's net income, Customer will be responsible for all applicable taxes in connection with this Agreement including, but not limited to, sales, use, excise, value-added, goods and services, consumption, and other similar taxes or duties. Should any payment for the Services provided by Productiv be subject to withholding tax by any government, Customer will reimburse Productiv for such withholding tax.
- Fee Disputes. Any good faith disputes regarding invoices must be raised by Customer in writing within thirty (30) days of receipt of such invoice. Customer and Productiv will diligently work to address such contested amounts, provided, however, that Customer will remain responsible for promptly paying any undisputed portion of an invoice. Unpaid amounts which are not disputed in good faith are subject to a finance charge of 1.5% per month on any outstanding balance, or the maximum permitted by law, whichever is lower, plus all expenses of collection.
- Term.
- Agreement Term. This Agreement commences on the Effective Date and continues until all Order Forms have expired or been terminated (the “Term”). The Subscription Services commence on the start date and continue for the Subscription Term specified in the applicable Order Form. Except as otherwise specified an Order Form, all purchases will automatically renew for additional periods equal to the then-current Subscription Term, unless either party gives the other written notice of non-renewal (email permitted) at least thirty (30) days prior to the end of the relevant Subscription Term. If an Order Form is not renewed, Customer will lose access to the expiring Services within twenty-four (24) hours of the last day of the Subscription Term. The Fees during any automatic renewal term will be the same as the then-current fees, unless Productiv has provided notice prior to the end of the Subscription Term of a fee adjustment. Termination of this Agreement will terminate any and all Order Forms under this Agreement.
- Termination for Cause. Either party may terminate this Agreement if the other party commits any material breach of this Agreement and fails to remedy such breach within 30 days after receipt of written notice together with a reasonably detailed description of such breach.
- Refund or Payment upon Termination for Cause. Upon any termination for cause by Customer, Productiv will refund Customer any prepaid fees of all subscriptions covering the remainder of the Subscription Term after the effective date of termination. Upon any termination for cause by Productiv, Customer will pay all outstanding invoices and any unpaid fees covering the remainder of the Subscription Term of all Order Forms. In no event will any termination relieve Customer of the obligation to pay any fees payable to Productiv for the period prior to the effective date of termination.
- Suspension of Service. If any undisputed charge owed by Customer (excluding amounts reasonably disputed in good faith) is thirty (30) days or more overdue, Productiv may, without limiting its other rights and remedies, suspend any Services until such amounts are paid in full, provided Productiv has given Customer at least ten (10) days’ prior written notice that its account is overdue, which may be provided to Customer’s designated billing contact via email. Productiv will lift the suspension upon its receipt of past due amounts from Customer.
- Portability and Deletion. If requested by Customer prior to the termination or expiration of the Term, Productiv will permit Customer to access the Subscription Services for ten business days following the termination date solely as necessary to download a copy of the Customer Data then stored by Productiv. Within 60 days following the date of termination, Productiv will, unless legally prohibited, delete all Customer Data in its systems or otherwise in its possession.
- Surviving Provisions. The sections titled “Fees,” “Proprietary Rights,” “Confidentiality,” “Representations, Warranties and Disclaimers,” “Mutual Indemnification,” “Limitation of Liability,” “Refund or Payment upon Termination for Cause,” “Portability and Deletion,” “Surviving Provisions” and “General Provisions” shall survive any termination or expiration of this Agreement.
- Proprietary Rights.
- Reservation of Rights in Services. Subject to the limited rights expressly granted hereunder, Productiv owns and reserves all rights, title and interest in and to the Services and Documentation, including all related intellectual property rights. No rights are granted to Customer hereunder other than as expressly set forth herein.
- Reservation of Rights in Customer Data. Subject to the limited rights expressly granted hereunder, Customer owns all rights, title and interest in and to its Customer Data.
- Aggregate Usage Data. Productiv may aggregate de-identified Customer Data together with data from other Productiv customers, to generate and retain data about Productiv customers and information relating to the provision, use and performance of the Services (“Aggregate Usage Data”). Productiv may use and disclose Aggregate Usage Data to develop, improve and deliver the Services and other offerings or otherwise operate its business, provided that disclosures will not identify Customer, any Customer personnel, or any Confidential Information (defined below) of Customer to any third party.
- Feedback. If Customer or any Authorized User provides Productiv any feedback or suggestions regarding the Services or Evaluation Services (“Feedback”), then Customer grants Productiv an unlimited, irrevocable, perpetual, sublicensable, royalty-free license to use any such Feedback for any purpose without any obligation or compensation to Customer or any Authorized User. Feedback will not include any Personal Data or Customer Confidential Information. Productiv acknowledges and agrees that any such Feedback is provided by Customer on an “as-is” basis without warranties of any kind, and Customer shall have no liability whatsoever with respect to Productiv’s use of any such Feedback.
- Confidentiality.
- Definition of Confidential Information. As used herein, “Confidential Information” means all confidential information disclosed by a party (“Disclosing Party”) to the other party (“Receiving Party”), whether orally or in writing, that is designated as confidential or that reasonably should be understood to be confidential given the nature of the information and the circumstances of disclosure. Confidential Information of Customer shall include Customer Data, Confidential Information of Productiv shall include the Services and Documentation, and Confidential Information of each party shall include the terms and conditions of this Agreement and all Order Forms, as well as any non-public business and marketing plans, technology and technical information, product plans and designs, and business processes disclosed by such party. However, Confidential Information shall not include any information that (i) is or becomes generally available to the public without breach of any obligation owed to the Disclosing Party; (ii) was known to the Receiving Party prior to its disclosure by the Disclosing Party without breach of any obligation owed to the Disclosing Party; (iii) is received from a third party without breach of any obligation owed to the Disclosing Party; or (iv) was independently developed by the Receiving Party without use of or reliance on the Confidential Information of the Disclosing Party.
- Protection of Confidential Information. The Receiving Party shall (i) use the same degree of care that it uses to protect the confidentiality of its own confidential information of like kind (but in no event less than reasonable care); and (ii) not use any Confidential Information of the Disclosing Party for any purpose outside the scope of this Agreement. Either party may disclose Confidential Information to its Affiliates, employees, officers, directors, attorneys, auditors, financial advisors and other representatives who have a need to know and are legally bound to keep such information confidential by confidentiality obligations at least as stringent as those herein; or as required by law, in which case the party disclosing the other’s information to any third party will (if permitted by law and to the extent practicable) (i) provide the other with (a) prior written notification thereof and (b) the opportunity to contest such disclosure; and (ii) use reasonable efforts to minimize such disclosure. Each party will exercise due care in protecting Confidential Information from unauthorized use and disclosure and will promptly notify the other in writing if it becomes aware of any violations of confidentiality obligations set forth herein.
- Publicity. The parties acknowledge and agree that the pricing and discounts extended under the relevant Order Form are contingent on Productiv’s limited right to use Customer’s company name and logo for marketing or promotional purposes on Productiv’s website, LinkedIn and in public or private communications with existing or potential Productiv customers, which Customer hereby grants, subject to Customer’s standard trademark usage guidelines as provided to Productiv from time to time. Any additional promotional use of Customer’s name and logo must be approved by Customer in writing.
- Representations, Warranties and Disclaimers.
- Mutual Representation. Each party represents that it has validly entered into this Agreement and has the legal power to do so.
- Productiv Warranty. Productiv warrants that: (i) the Services will perform materially in accordance with the Order Form and any applicable Documentation; (ii) the Services will be performed in a professional and workmanlike manner, in accordance with accepted industry standards; and (iii) Productiv will follow industry-standard practices to mitigate the risk of introduction of computer viruses or malicious code (“Harmful Code”) to the Productiv Services and maintain tooling for the detection and response in the event that Harmful Code is introduced. For any breach of an above warranties, Customer’s exclusive remedies are those described in the sections titled “Termination for Cause” and “Refund or Payment upon Termination.”
- Warranty Exclusions. The foregoing warranties shall not apply to any errors or defects in Services resulting in whole or in part from: (i) Customer’s use of the Services in a manner not conforming with the terms herein; or the applicable Documentation; (ii) modification of the Services by or on behalf of Customer without Productiv’s express, prior, written consent; (iii) Customer Data or Customer Materials; or (d) Customer’s use of any Non-Productiv Applications or portions of applications, products or services not provided by Productiv.
- Customer Warranty. Customer warrants that it has the necessary rights, title, license, consent, permission, waivers and releases to use, make available and distribute Customer Data, the Customer Materials and Non-Productiv Applications in connection with the Services.
- Disclaimer. EXCEPT AS EXPRESSLY PROVIDED FOR HEREIN, THE SERVICES, DOCUMENTATION, SUPPORT AND ALL RELATED COMPONENTS AND INFORMATION ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS WITHOUT ANY WARRANTIES OF ANY KIND, AND PRODUCTIV EXPRESSLY DISCLAIMS ANY AND ALL WARRANTIES, WHETHER EXPRESS OR IMPLIED, INCLUDING THE IMPLIED WARRANTIES OF MERCHANTABILITY, TITLE, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT. CUSTOMER ACKNOWLEDGES THAT PRODUCTIV DOES NOT WARRANT THAT THE SERVICES WILL BE UNINTERRUPTED, TIMELY, SECURE, OR ERROR-FREE. PRODUCTIV STRICTLY DISCLAIMS ALL WARRANTIES REGARDING AND DOES NOT SUPPORT ANY NON-PRODUCTIV APPLICATION.
- Limitation of Liability.
- LIMITATION ON INDIRECT, CONSEQUENTIAL, AND RELATED DAMAGES. IN NO EVENT WILL EITHER PARTY OR ITS AFFILIATES HAVE ANY LIABILITY ARISING OUT OF OR RELATED TO THIS AGREEMENT FOR ANY LOST PROFITS, REVENUES, GOODWILL, OR INDIRECT, SPECIAL, INCIDENTAL, CONSEQUENTIAL, COVER, LOST DATA, BUSINESS INTERRUPTION, OR PUNITIVE DAMAGES, WHETHER AN ACTION IS IN CONTRACT OR TORT AND REGARDLESS OF THE THEORY OF LIABILITY, EVEN IF A PARTY OR ITS AFFILIATES HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES OR IF A PARTY’S OR ITS AFFILIATES’ REMEDY OTHERWISE FAILS OF ITS ESSENTIAL PURPOSE. THE FOREGOING DISCLAIMER WILL NOT APPLY TO THE EXTENT PROHIBITED BY LAW.
- LIMITATION OF LIABILITY. IN NO EVENT WILL THE AGGREGATE LIABILITY OF EITHER PARTY TOGETHER WITH ALL OF ITS AFFILIATES ARISING OUT OF OR RELATED TO THIS AGREEMENT EXCEED THE AMOUNTS PAID OR PAYABLE BY CUSTOMER AND ITS AFFILIATES HEREUNDER FOR THE SERVICES GIVING RISE TO THE LIABILITY DURING THE TWELVE (12) MONTH PERIOD PRECEDING THE FIRST INCIDENT OUT OF WHICH THE LIABILITY AROSE (THE “GENERAL LIABILITY CAP”). THE FOREGOING LIMITATION WILL APPLY WHETHER AN ACTION IS IN CONTRACT OR TORT AND REGARDLESS OF THE THEORY OF LIABILITY.
- EXCEPTIONS TO THE LIMITATION OF LIABILITY. NOTWITHSTANDING ANYTHING TO THE CONTRARY SET FORTH ABOVE, THE LIMITATIONS SET FORTH IN SECTIONS 9(a) AND 9(b), SHALL NOT APPLY TO (i) CUSTOMER’S PAYMENT OBLIGATIONS, (ii) EITHER PARTY’S INDEMNIFICATION OBLIGATIONS UNDER SECTION 10 BELOW, OR (iii) DAMAGES ARISING FROM A PARTY’S GROSS NEGLIGENCE OR WILLFUL MISCONDUCT.
- ENHANCED LIABILITY CAP. NOTWITHSTANDING THE LIMITATION SET FORTH IN SECTION 9(a) ABOVE, A PARTY’S AGGREGATE LIABILITY ARISING FROM ITS BREACH OF CONFIDENTIALITY OR THE DPA WHICH RESULTS IN THE UNAUTHORIZED ACCESS TO, USE OR DISCLOSURE OF CUSTOMER DATA SHALL NOT EXCEED TWO (2) TIMES THE GENERAL LIABILITY CAP.
- Mutual Indemnification.
- Productiv Indemnification. Productiv shall defend Customer and its Affiliates, and its and their respective officers, directors, employees and contractors, from and against a suit or proceeding by a third party alleging that the Services provided by Productiv hereunder, or use of such Services by Customer, violates, infringes or misappropriates a third party’s intellectual property right (a “Claim Against Customer”), and shall indemnify Customer for any damages, attorney fees and costs finally awarded against Customer as a result of, and for amounts paid by Customer under a court-approved settlement of, a Claim Against Customer; provided, however, that Productiv shall have no liability under this Section 10(a) to the extent a Claim Against Customer arises from (i) Customer Data or a Non-Productiv Application; (ii) Customer’s negligence, misconduct, or breach of this Agreement; or (iii) any modification, combination or development of the Services that is not performed by Productiv, including the use of any APIs.
- Customer Indemnification. Customer shall defend Productiv and its Affiliates, and its and their respective officers, directors, employees and contractors, from and against a suit or proceeding by a third party alleging that Customer’s provision or use of Customer Data hereunder violates a third party right or agreement, or applicable law (each, a “Claim Against Productiv”), and shall indemnify Productiv for any damages, attorney fees and costs finally awarded against Productiv as a result of, or for any amounts paid by Productiv under a court-approved settlement of, a Claim Against Productiv; provided, however, that Customer shall have no liability under this Section 10(b) to the extent a Claim Against Productiv arises from Productiv’s breach of this Agreement.
- Indemnification Procedure. The indemnified party will provide the indemnifying party with (i) prompt written notice of any claim, suit or demand, (ii) the right to assume the exclusive defense and control of any matter that is subject to indemnification, and (iii) cooperation with any reasonable requests assisting the indemnifying party’s defense and settlement of such matter at the indemnifying party’s expense.
- Exclusive Remedy. THIS SECTION 10 STATES THE INDEMNIFYING PARTY’S SOLE LIABILITY TO, AND THE INDEMNIFIED PARTY’S EXCLUSIVE REMEDY AGAINST, THE OTHER PARTY FOR ANY CLAIM FOR WHICH A PARTY HAS AN OBLIGATION OF INDEMNITY, TO THE EXTENT PERMITTED BY APPLICABLE LAW.
- Insurance. During the term of this Agreement, and at its own expense, Productiv will maintain the following insurance coverage in connection with the Services, with insurance carriers rated A- or better by A.M. Best Company: (i) Commercial General Liability, on an occurrence basis, including premises-operations, product completed-operations, broad form property damage, contractual liability, independent contractors and personal liability, with a minimum combined single limit of $2,000,000 per occurrence and $4,000,000 in aggregate; (ii) Statutory Worker’s Compensation and Employer’s Liability as required by state law with a minimum limit of $500,000 each accident/$500,000 each disease/$500,000 policy limit per occurrence, Disability and Unemployment Insurance; and (iii) Professional Errors and Omissions coverage (including cyber liability) covering the Services rendered in this Agreement, with coverage limits of not less than $5,000,000 per claim or per occurrence/$5,000,000 aggregate, placed either on an “occurrence” basis or on a “claims made” basis. Promptly following Customer’s written request, Productiv will provide the Customer with certificates evidencing the foregoing coverage.
- General Provisions.
- Compliance with Laws. Each party agrees to abide by all laws, ordinances and regulations (whether international, federal, state, local or provincial) to the extent applicable to its performance under this Agreement.
- Relationship of the Parties. The parties are independent contractors. This Agreement does not create a partnership, franchise, joint venture, agency, fiduciary or employment relationship between the parties.
- No Third-Party Beneficiaries. There are no third-party beneficiaries to this Agreement.
- Notices. Productiv may give general notices for Subscription Services applicable to all customers via the Subscription Services web portal/website. Except as otherwise set forth herein, all legal notices under this Agreement will be in writing addressed to the parties at the address set forth in the preamble of this Agreement and will be deemed to have been duly given (a) when received, if personally delivered; (b) the first business day after sending by email; (c) the day after it is sent, if sent for next day delivery by recognized overnight delivery service; and (d) upon receipt, if sent by certified or registered mail, return receipt requested.
- Waiver. No failure or delay by either party in exercising any right under this Agreement shall constitute a waiver of that right.
- Severability. If any provision of this Agreement is held by a court of competent jurisdiction to be contrary to law, the provision shall be modified by the court and interpreted so as best to accomplish the objectives of the original provision to the fullest extent permitted by law, and the remaining provisions of this Agreement shall remain in effect.
- Assignment. Neither party may assign any of its rights or obligations hereunder, whether by operation of law or otherwise, without the prior written consent of the other party (not to be unreasonably withheld); provided that either party may assign this Agreement in its entirety (including all Order Forms), without consent of the other party, to its Affiliate or in connection with a merger, acquisition, corporate reorganization, or sale of all or substantially all of its assets. Subject to the foregoing, this Agreement shall bind and inure to the benefit of the parties, their respective successors and permitted assigns.
- Governing Law; Venue; Waiver of Jury Trial; Fees. This Agreement will be governed by the laws of the State of Delaware, USA, exclusive of its rules governing choice of law and conflict of laws. The United Nations Convention on Contracts for the International Sale of Goods will not apply. All disputes arising out of this Agreement will be subject to the exclusive jurisdiction and venue of the state and federal courts of the State of Delaware and the parties hereby consent to the personal jurisdiction of these courts. In the event of actual or threatened breach of confidentiality obligations, the non-breaching party may seek specific performance, immediate injunctive and other equitable relief in any competent court without prejudice to any other rights or remedies. Each party also hereby waives any right to jury trial in connection with any action or litigation in any way arising out of or related to this Agreement. In any action or proceeding to enforce rights under this Agreement, the prevailing party will be entitled to recover its reasonable costs and attorneys’ fees.
- Export Compliance. Each party will comply with applicable export control and economic sanctions laws and regulations when providing or using the Services, Productiv Materials or Customer Materials. Without limiting the foregoing, (i) Customer warrants that neither it nor any party that wholly or partially owns Customer is listed on or acting on behalf of and will not act on behalf of any U.S. government list of prohibited or restricted parties or organized, headquartered or located in (or a national of) a country that is subject to an U.S. government embargo or that has been designated by the U.S. government as a “terrorist supporting” country (an “Embargoed Jurisdiction”), (ii) Customer will not (and will not permit any third parties to) access or use the Services or Productiv Materials from an Embargoed Jurisdiction or in violation of any U.S. export embargo, prohibition or restriction, and (iii) Customer will not submit to Productiv or in the Services any information that is controlled under the U.S. International Traffic in Arms Regulations.
- Force Majeure. Neither party will be deemed in breach hereunder for any cessation, interruption or delay in the performance of its obligations due to causes beyond its reasonable control (“Force Majeure Event”), including but not limited to earthquake, flood, or other natural disaster, “acts of God”, labor controversy, civil disturbance, terrorism, war (whether or not officially declared), cyber-attacks (e.g., denial of service attacks), or the inability to obtain sufficient supplies, transportation or other essential commodity or service required in the conduct of its business, or any change in or the adoption of any law, regulation, judgment or decree.
- Entire Agreement. This Agreement, including linked terms incorporated by reference, and all exhibits, addenda and Order Forms, constitutes the entire agreement between the parties and supersedes all prior and contemporaneous agreements, proposals or representations, written or oral, concerning Customer’s purchase and use of the Services. Without limiting the foregoing, this Agreement supersedes the terms of any online agreement electronically accepted by Customer, as well as any non-disclosure agreement previously entered by the parties. No modification, amendment, or waiver of any provision of this Agreement shall be effective unless in writing and signed by the party against whom the modification, amendment or waiver is to be asserted. However, to the extent of any conflict or inconsistency between the provisions in the body of this Agreement and any exhibit or addendum hereto or any Order Form, the terms of such exhibit, addendum or Order Form shall prevail. Notwithstanding any language to the contrary therein, no terms or conditions stated in or accepted by Productiv during a vendor onboarding process or web portal, a Customer purchase order, or any other Customer order documentation (excluding Order Forms) shall be incorporated into or form any part of this Agreement, and all such terms or conditions shall be null and void.
The parties have caused this Agreement to be executed by their duly authorized representatives as of the date first written above. This Agreement may be executed and delivered by PDF counterparts or electronic signatures and such execution and delivery will have the same force and effect of an original document with original signatures.
Effective March 15, 2024 through March 3, 2025
MASTER SUBSCRIPTION AGREEMENT
THIS MASTER SUBSCRIPTION AGREEMENT (THE “AGREEMENT”) DESCRIBES THE TERMS AND CONDITIONS THAT GOVERN THE ACQUISITION AND USE OF THE SERVICES (DEFINED BELOW) PROVIDED BY PRODUCTIV, INC. (“PRODUCTIV”) AND IS EFFECTIVE BETWEEN CUSTOMER (AS DEFINED BELOW) AND PRODUCTIV AS OF THE DATE OF CUSTOMER’S ACCEPTING THIS AGREEMENT (THE “EFFECTIVE DATE”). BY ACCEPTING THIS AGREEMENT, BY (1) EXECUTING AN ORDER FORM THAT REFERENCES THIS AGREEMENT, (2) REGISTERING AN ACCOUNT WITH PRODUCTIV, (3) OR ACCESSING OR USING SERVICES, INCLUDING EVALUATION SERVICES (DEFINED BELOW), CUSTOMER AGREES TO THE TERMS OF THIS AGREEMENT. IF THE INDIVIDUAL ACCEPTING THIS AGREEMENT IS ACCEPTING ON BEHALF OF A COMPANY OR OTHER LEGAL ENTITY, SUCH INDIVIDUAL REPRESENTS THAT THEY HAVE THE AUTHORITY TO BIND SUCH ENTITY AND ITS AFFILIATES TO THESE TERMS AND CONDITIONS, IN WHICH CASE THE TERM “CUSTOMER” SHALL REFER TO SUCH ENTITY AND ITS AFFILIATES. IF THE INDIVIDUAL ACCEPTING THIS AGREEMENT DOES NOT HAVE SUCH AUTHORITY, OR DOES NOT AGREE WITH THESE TERMS AND CONDITIONS, SUCH INDIVIDUAL MUST NOT ACCEPT THIS AGREEMENT AND MAY NOT USE THE SERVICES. IF CUSTOMER REGISTERS FOR OR USES AN EVALUATION SERVICE, APPLICABLE PROVISIONS OF THIS AGREEMENT WILL ALSO GOVERN THOSE EVALUATION SERVICES.
This Master Subscription Agreement (the “Agreement”) describes the terms and conditions that govern the acquisition and use of the SaaS Intelligence services (the “Services”) provided by Productiv, Inc. (“Productiv”). The Agreement is effective between Customer (defined below) and Productiv as of the date of Customer’s accepting this Agreement (the “Effective Date”).
- Definitions.
- “Affiliate” means, with respect to a party, any entity that directly or indirectly controls, is controlled by, or is under common control with such party. "Control," for purposes of this definition, means direct or indirect ownership or control of more than 50% of the voting interests of the subject entity.
- “Authorized User” means an employee or contractor who is authorized by Customer to use the Services or submit Customer Data.
- “Customer Data” means data related to Customer’s organization, SaaS application usage and spend, and other information (including Personal Data), submitted by or on behalf of Customer to the Subscription Services. As used herein, “submit” includes providing data via a Non-Productiv Application, upload, or otherwise transmitting to the Subscription Services. For clarity, Customer Data includes Customer’s SaaS vendor agreements.
- “Customer” means in the case of an individual accepting this Agreement on his or her own behalf, such individual, or in the case of an individual accepting this Agreement on behalf of a company or other legal entity, the company or other legal entity for which such individual is accepting this Agreement, and Affiliates of that company or entity (for so long as they remain Affiliates) which have entered into Order Forms.
- “Documentation” means Productiv’s product documentation for the applicable Services made available via https://help.productiv.com/ (or a successor site).
- “Evaluation Services” means features or functionality that Productiv may make available to Customer to try, at its option, and which may be designated by Productiv as a beta, limited release, essentials, evaluation, pilot, proof-of-concept (POC) or by a similar description.
- “Non-Productiv Application” means any web-based, offline, mobile, or other software applications provided by Customer or a Customer third party service provider that may interoperate with or be managed by the Services.
- “Order Form” means an ordering document (including any online order) specifying the Services to be provided hereunder that is entered into between Customer and Productiv.
- “Security Practices” means Productiv’s security practices set forth in https://productiv.com/legal/security-practices/.
- “Services” or “Subscription Services” means the cloud-based SaaS Intelligence platform, analytics and services provided by Productiv. Services excludes Non-Productiv Applications.
- “Subscription Term” means the period of time set forth in an Order Form during which Customer may access and use the Services.
- “SOW” means “Statement of Work” a mutually agreed by the parties that sets forth the applicable professional services, schedule and fees.
- “Support” means the technical support provided by Productiv for the applicable Services plan.
- Productiv Obligations.
- Provision of Subscription Services. Productiv will (i) make the Services purchased under an Order Form available to Customer during the applicable Subscription Term and pursuant to this Agreement; (ii) provide standard Support to Customer at no additional charge, or, upgraded Support, if purchased; and (iii) use commercially reasonable efforts to make the Services available 24 hours a day, 7 days a week, except for planned downtime (of which Productiv gives prior electronic notice).
- Changes. Provided that Productiv will not materially diminish the overall functionality of a purchased Services during an Order Term, Productiv may change, modify or republish the Services and reserves the right to discontinue individual features within the Services from time to time and will provide notice of such changes to customers via the Services web portal or website.
- Data Security. Productiv will maintain administrative, physical, and technical safeguards for the security, confidentiality and integrity of Customer Data at a level not materially less protective than as described in the Security Practices. While providing the Services to Customer, Productiv may process Customer Data that includes information relating to an identified or identifiable natural person (“Personal Data”). The parties agree that the Data Processing Addendum set forth at https://productiv.com/legal/dpa/ forms a part of and supplements this Agreement with respect to the processing of any such Personal Data.
- Productiv Personnel. Productiv will be responsible for the performance of Productiv’s personnel (including Productiv’s employees and independent contractors) and their compliance with Productiv’s obligations under this Agreement.
- Evaluation Services. From time to time, Customer may be invited to try Evaluation Services at no charge for a free trial, preview or evaluation period. NOTWITHSTANDING ANYTHING TO THE CONTRARY IN THIS AGREEMENT, TO THE MAXIMUM EXTENT PERMITTED BY LAW, (I) THE EVALUATION SERVICES ARE PROVIDED “AS-IS” WITHOUT ANY WARRANTIES, EXPRESS OR IMPLIED, AND (II) PRODUCTIV SHALL HAVE NO INDEMNIFICATION OBLIGATIONS NOR LIABILITY OF ANY TYPE WITH RESPECT TO THE EVALUATION SERVICES, INCLUDING WITH RESPECT TO THEIR PERFORMANCE, SPEED, FUNCTIONALITY, SECURITY, SUPPORT, AND AVAILABILITY. Unless otherwise stated on a relevant Order Form, Productiv may discontinue Evaluation Services at any time in its sole discretion. Customer is solely responsible for backing up and/or exporting Customer Data from the Evaluation Services prior to termination of Customer’s access to the Evaluation Services for any reason.
- Access and Use of Services.
- Use of Services and Documentation. Subject to the terms of this Agreement and the applicable Order Form, Productiv grants to Customer a limited, non-sublicensable, non-exclusive, non-transferable (except in compliance with the Assignment clause) right during the applicable Subscription Term to allow its Authorized Users to access and use the Services and Documentation, solely for Customer’s internal business operations.
- Provision of Professional Services and License. Subject to the terms of this Agreement and the applicable SOW, Productiv will provide professional services to Customer. All information, documents, work products or other materials shared with or provided to Customer by Productiv in connection with the professional services shall be “Productiv Materials”. Subject to payment of the applicable fees in the SOW, Productiv hereby grants Customer a revocable, non-exclusive, non-sublicensable, non-transferable (except in compliance with the Assignment clause) license to use the Productiv Materials, solely for purposes of Customer’s internal business operations in connection with Customer’s use of the Productiv Services. Productiv retains all ownership rights to the Productiv Materials. For clarity, Productiv Materials do not include any Customer Data or Customer Materials (as such term is defined in the relevant SOW).
- Customer Obligations and License. Customer will be responsible for: (a) all activities conducted under its account and its Authorized Users’ use of the Services; (b) securing all access credentials provided by Productiv; (c) access and use the Services in compliance with this Agreement, the applicable Order Form, and all applicable laws; (d) the adequate security, protection and backup of Customer Data when in Customer’s or its representatives or agents’ possession or control; (e) the accuracy, quality and legality of Customer Data, and possess sufficient rights to permit the use contemplated under this Agreement; (f) complying with its agreement(s) for any Non-Productiv Application with which Customer elects to use in connection with the Services; and (g) not (i) accessing the Services for the purpose of building a competitive product or service, (ii) copying or creating derivative works based on the Services, or any portion thereof, and (iii) reverse engineering, modifying, adapting, or disrupting the proper operation of the Services, or otherwise attempting to gain unauthorized access to the Services or its related systems or networks. Subject to Section 6, Customer grants Productiv and its Affiliates a worldwide, non-exclusive, royalty-free right and license to access, use, copy, distribute, host, display and use Customer Data for the sole purpose of providing the Subscription Services to Customer during the Term.
- Removal Requests. Productiv has no obligation to monitor Customer’s use of the Services, but Productiv may do so and may prohibit any use of the Services (or disable content or data) it believes may be (or alleged to be) in violation of Sections 3(a) or 3(c).
- Future Functionality. Customer agrees that its purchases hereunder are neither contingent on the delivery of any future functionality or features nor dependent on any oral or written public or private comments made by Productiv regarding future functionality or features.
- Non-Productiv Applications. If Customer chooses to use a Non-Productiv Application with a Service, Customer grants Productiv permission to connect the Service with the Non-Productiv Application to receive and process Customer Data on its behalf in accordance with this Agreement.
- Gen AI Based Features - Terms of Use. Certain portions of the Services provided by Productiv may be facilitated or powered through the use of Generative AI derived from large language models (collectively, “Gen AI Based Features”). Productiv does not use Customer Data to train any Gen AI Based Features. Customer acknowledges that responses or results produced by Gen AI Based Features are provided on an “as-is” basis, without warranties of any kind, whether express or implied, including any implied warranties of accuracy, reliability, fitness for a particular purpose or non-infringement. Customer should verify the validity of the results generated from the use of Gen AI Based Features. Productiv shall not be responsible for loss or damage resulting from the use of results generated by Gen AI Based Features. A reduction or elimination of any Gen AI Based Feature which Productiv provides on a no-cost basis shall not be deemed a material reduction in the functionality of the Services. If Customer does not wish for a specific Gen AI Based Feature to be available to its Authorized Users, a written request must be submitted to Productiv at [email protected] and following receipt, Productiv shall promptly remove all access to the Gen AI Based Feature.
- Fees.
- Services Fees. Customer will pay Productiv the applicable fees for the Services specified in the relevant Order Form (collectively, the “Fees”). Except as expressly set forth in this Agreement or in any applicable Order Form: (a) Fees are quoted and are due and payable in United States Dollars, net of taxes; (b) Fees paid are non-refundable; and (c) payment obligations are non-cancelable. If Customer’s use of the Services exceeds any applicable limits or otherwise requires the payment of additional fees as set forth in the Order Form, Customer shall be invoiced for such usage and Customer agrees to pay the additional Fees.
- Invoices and Payment Terms. Fees will be invoiced in advance and otherwise in accordance with the relevant Order Form. Productiv will bill Customer through invoices sent via email to the billing contact designated by Customer, unless a payment method is otherwise specified in the Order Form. Unless otherwise agreed in the relevant Order Form, full payment for invoices issued must be received within thirty (30) days from the invoice date.
- Taxes. Except for those taxes based on Productiv's net income, Customer will be responsible for all applicable taxes in connection with this Agreement including, but not limited to, sales, use, excise, value-added, goods and services, consumption, and other similar taxes or duties. Should any payment for the Services provided by Productiv be subject to withholding tax by any government, Customer will reimburse Productiv for such withholding tax.
- Fee Disputes. Any good faith disputes regarding invoices must be raised by Customer in writing within ten (10) days of receipt of such invoice. Customer and Productiv will diligently work to address such contested amounts, provided, however, that Customer will remain responsible for promptly paying any undisputed portion of an invoice. Unpaid amounts which are not disputed in good faith are subject to a finance charge of 1.5% per month on any outstanding balance, or the maximum permitted by law, whichever is lower, plus all expenses of collection.
- Term.
- Agreement Term. This Agreement commences on the Effective Date and continues until all Order Forms have expired or been terminated (the “Term”). The Subscription Services commence on the start date and continue for the Subscription Term specified in the applicable Order Form. Except as otherwise specified an Order Form, all purchases will automatically renew for additional periods equal to the then-current Subscription Term, unless either party gives the other written notice of non-renewal (email permitted) at least thirty (30) days prior to the end of the relevant Subscription Term. If an Order Form is not renewed and expires, Customer will lose access to the expiring Services within twenty-four (24) hours of the last day of the Subscription Term. The Fees during any automatic renewal term will be the same as the then-current fees, unless Productiv has provided notice prior to the end of the Subscription Term of a fee adjustment. Termination of this Agreement will terminate any and all Order Forms under this Agreement.
- Termination for Cause. Either party may terminate this Agreement if the other Party commits any material breach of this Agreement and fails to remedy such breach within 30 days after receipt of written notice together with a reasonably detailed description of such breach.
- Refund or Payment upon Termination for Cause. Upon any termination for cause by Customer, Productiv will refund Customer any prepaid fees of all subscriptions covering the remainder of the Subscription Term after the effective date of termination. Upon any termination for cause by Productiv, Customer will pay all outstanding invoices and any unpaid fees covering the remainder of the Subscription Term of all Order Forms. In no event will any termination relieve Customer of the obligation to pay any fees payable to Productiv for the period prior to the effective date of termination.
- Suspension of Service. If any undisputed charge owed by Customer (excluding amounts reasonably disputed in good faith) is thirty (30) days or more overdue, Productiv may, without limiting its other rights and remedies, suspend any Services until such amounts are paid in full, provided Productiv has given Customer at least ten (10) days’ prior written notice that its account is overdue, which may be provided to Customer’s designated billing contact via email. Productiv will lift the suspension upon its receipt of past due amounts from Customer.
- Portability and Deletion. If requested ten days prior to the termination date, Productiv will permit Customer to access the Services solely as necessary to download a copy of the Customer Data then stored by Productiv. Within 60 days following the date of termination, Productiv will, unless legally prohibited, delete all Customer Data in its systems or otherwise in its possession.
- Surviving Provisions. The sections titled “Fees,” “Proprietary Rights,” “Confidentiality,” “Representations, Warranties and Disclaimers,” “Mutual Indemnification,” “Limitation of Liability,” “Refund or Payment upon Termination for Cause,” “Portability and Deletion,” “Surviving Provisions” and “General Provisions” shall survive any termination or expiration of this Agreement.
- Proprietary Rights.
- Reservation of Rights in Services. Subject to the limited rights expressly granted hereunder, Productiv owns and reserves all rights, title and interest in and to the Services and Documentation, including all related intellectual property rights. No rights are granted to Customer hereunder other than as expressly set forth herein.
- Reservation of Rights in Customer Data. Subject to the limited rights expressly granted hereunder, Customer owns all rights, title and interest in and to its Customer Data.
- Aggregate Usage Data. Productiv may aggregate and de-identify Customer Data to generate and retain data about Productiv customers and information relating to the provision, use and performance of the Services (“Aggregate Usage Data”). Productiv may use and disclose Aggregate Usage Data to develop, improve and deliver the Services and other offerings or otherwise operate its business, provided that disclosures will not identify Customer, any Customer personnel, or any Confidential Information (defined below) of Customer to any third party.
- Feedback. If Customer or any Authorized User provides Productiv any feedback or suggestions regarding the Services or Evaluation Services (“Feedback”), then Customer grants Productiv an unlimited, irrevocable, perpetual, sublicensable, royalty-free license to use any such Feedback for any purpose without any obligation or compensation to Customer or any Authorized User. Feedback will not include any Personal Data or Customer Confidential Information. Productiv acknowledges and agrees that any such Feedback is provided by Customer on an “as-is” basis without warranties of any kind, and Customer shall have no liability whatsoever with respect to Productiv’s use of any such Feedback.
- Confidentiality.
- Definition of Confidential Information. As used herein, “Confidential Information” means all confidential information disclosed by a party (“Disclosing Party”) to the other party (“Receiving Party”), whether orally or in writing, that is designated as confidential or that reasonably should be understood to be confidential given the nature of the information and the circumstances of disclosure. Confidential Information of Customer shall include Customer Data, Confidential Information of Productiv shall include the Services and Documentation, and Confidential Information of each party shall include the terms and conditions of this Agreement and all Order Forms, as well as any non-public business and marketing plans, technology and technical information, product plans and designs, and business processes disclosed by such party. However, Confidential Information shall not include any information that (a) is or becomes generally available to the public without breach of any obligation owed to the Disclosing Party; (b) was known to the Receiving Party prior to its disclosure by the Disclosing Party without breach of any obligation owed to the Disclosing Party; (c) is received from a third party without breach of any obligation owed to the Disclosing Party; or (d) was independently developed by the Receiving Party without use of or reliance on the Confidential Information of the Disclosing Party.
- Protection of Confidential Information. The Receiving Party shall (a) use the same degree of care that it uses to protect the confidentiality of its own confidential information of like kind (but in no event less than reasonable care); and (b) not use any Confidential Information of the Disclosing Party for any purpose outside the scope of this Agreement. Either party may disclose Confidential Information to its Affiliates, employees, officers, directors, attorneys, auditors, financial advisors and other representatives who have a need to know and are legally bound to keep such information confidential by confidentiality obligations at least as stringent as those herein; or as required by law, in which case the party disclosing the other’s information to any third party will (if permitted by law and to the extent practicable) (a) provide the other with (I) prior written notification thereof and (II) the opportunity to contest such disclosure; and (b) use reasonable efforts to minimize such disclosure. Each party will exercise due care in protecting Confidential Information from unauthorized use and disclosure and will promptly notify the other in writing if it becomes aware of any violations of confidentiality obligations set forth herein.
- Publicity. The parties acknowledge and agree that the pricing and discounts extended hereunder are contingent on Productiv’s limited right to use Customer’s company name and logo for marketing or promotional purposes on Productiv’s website, LinkedIn and in public or private communications with existing or potential Productiv customers, which Customer hereby grants, subject to Customer’s standard trademark usage guidelines as provided to Productiv from time-to-time. Any additional promotional use of Customer’s name and logo will be mutually agreed upon by the parties.
- Representations, Warranties and Disclaimers.
- Mutual Representation. Each party represents that it has validly entered into this Agreement and has the legal power to do so.
- Productiv Warranty. Productiv warrants that: (i) the Services will perform materially in accordance with the Order Form and any applicable Documentation; (ii) the Services will be performed in a professional and workmanlike manner, in accordance with accepted industry standards; and (iii) Productiv will employ industry-standard methods to prevent the introduction of computer viruses or malicious code to the Productiv Services. For any breach of an above warranties, Customer’s exclusive remedies are those described in the sections titled “Termination for Cause” and “Refund or Payment upon Termination.”
- Warranty Exclusions. The foregoing warranties shall not apply to any errors or defects in Services resulting in whole or in part from: (a) Customer’s use of the Services in a manner not conforming with the terms herein or the applicable Documentation; (b) modification of the Services by or on behalf of Customer without Productiv’s express, prior, written consent; (c) Customer Data or Customer Materials; or (v) Customer’s use of any Non-Productiv Applications or portions of applications, products or services not provided by Productiv.
- Customer Warranty. Customer warrants that it has the necessary right, title, license, consent, permission, waivers and releases to use, make available and distribute Customer Data, the Customer Materials and Non-Productiv Applications in connection with the Services.
- Disclaimer. EXCEPT AS EXPRESSLY PROVIDED FOR HEREIN, THE SERVICES, DOCUMENTATION, SUPPORT AND ALL RELATED COMPONENTS AND INFORMATION ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS WITHOUT ANY WARRANTIES OF ANY KIND, AND PRODUCTIV EXPRESSLY DISCLAIMS ANY AND ALL WARRANTIES, WHETHER EXPRESS OR IMPLIED, INCLUDING THE IMPLIED WARRANTIES OF MERCHANTABILITY, TITLE, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT. CUSTOMER ACKNOWLEDGES THAT PRODUCTIV DOES NOT WARRANT THAT THE SERVICES WILL BE UNINTERRUPTED, TIMELY, SECURE, OR ERROR-FREE. PRODUCTIV STRICTLY DISCLAIMS ALL WARRANTIES REGARDING AND DOES NOT SUPPORT ANY NON-PRODUCTIV APPLICATION.
- Limitation of Liability.
- EXCEPT TO THE EXTENT PROHIBITED BY LAW, NEITHER PARTY WILL BE LIABLE UNDER ANY CONTRACT, TORT, NEGLIGENCE, STRICT LIABILITY OR OTHER THEORY (A) FOR ANY INDIRECT, EXEMPLARY, LOST PROFITS, LOST REVENUE, INCIDENTAL, SPECIAL OR CONSEQUENTIAL DAMAGES; (B) FOR ERROR OR INTERRUPTION OF USE, OR COST OF PROCUREMENT OF SUBSTITUTE GOODS, SERVICE OR TECHNOLOGY, OR LOSS OF BUSINESS OR DATA; (C) FOR ANY MATTER BEYOND ITS REASONABLE CONTROL, EVEN IF SUCH PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH LOSS OR DAMAGE; OR (D) FOR ANY AMOUNTS THAT EXCEED THE CUMULATIVE FEES INVOICED TO CUSTOMER UNDER THE AGREEMENT IN THE TWELVE (12) MONTHS PRECEDING THE DATE THE CLAIM AROSE. THE LIMITATION OF LIABILITY SET FORTH IN THIS SECTION DOES NOT APPLY TO (i) CUSTOMER’S PAYMENT OBLIGATIONS, (ii) EITHER PARTY’S INDEMNIFICATION OBLIGATIONS UNDER SECTION 10 BELOW, OR (iii) DAMAGES ARISING FROM A PARTY’S GROSS NEGLIGENCE OR WILLFUL MISCONDUCT.
- Mutual Indemnification.
- Productiv Indemnification. Productiv shall defend Customer and its Affiliates, and its and their respective officers, directors, employees and contractors, from and against a suit or proceeding by a third party alleging that the Services provided by Productiv hereunder, or use of such Services by Customer, violates, infringes or misappropriates a third party’s intellectual property right (a “Claim Against Customer”), and shall indemnify Customer for any damages, attorney fees and costs finally awarded against Customer as a result of, and for amounts paid by Customer under a court-approved settlement of, a Claim Against Customer; provided, however, that Productiv shall have no liability under this Section 10(a) to the extent a Claim Against Customer arises from (i) Customer Data or a Non-Productiv Application; (ii) Customer’s negligence, misconduct, or breach of this Agreement; (iii) any modification, combination or development of the Services that is not performed by Productiv, including in the use of any APIs; or (iv) compliance with designs, guidelines, plans or specifications provided by Customer.
- Customer Indemnification. Customer shall defend Productiv and its Affiliates, and its and their respective officers, directors, employees and contractors, from and against a suit or proceeding by a third party alleging that Customer’s provision or use of Customer Data hereunder violates a third party right or agreement, or applicable law (each, a “Claim Against Productiv”), and shall indemnify Productiv for any damages, attorney fees and costs finally awarded against Productiv as a result of, or for any amounts paid by Productiv under a court-approved settlement of, a Claim Against Productiv; provided, however, that Customer shall have no liability under this Section 10(b) to the extent a Claim Against Productiv arises from Productiv’s breach of this Agreement.
- Indemnification Procedure. The indemnified party will provide the indemnifying party with (i) prompt written notice of any claim, suit or demand, (ii) the right to assume the exclusive defense and control of any matter that is subject to indemnification, and (iii) cooperation with any reasonable requests assisting the indemnifying party’s defense and settlement of such matter at the indemnifying party’s expense.
- Exclusive Remedy. THIS SECTION 10 STATES THE INDEMNIFYING PARTY’S SOLE LIABILITY TO, AND THE INDEMNIFIED PARTY’S EXCLUSIVE REMEDY AGAINST, THE OTHER PARTY FOR ANY TYPE OF CLAIM DESCRIBED IN THIS SECTION, TO THE EXTENT PERMITTED BY APPLICABLE LAW.
- General Provisions.
- Compliance with Laws. Each party agrees to abide by all laws, ordinances and regulations (whether international, federal, state, local or provincial) to the extent applicable to its performance under this Agreement.
- Relationship of the Parties. The parties are independent contractors. This Agreement does not create a partnership, franchise, joint venture, agency, fiduciary or employment relationship between the parties.
- No Third-Party Beneficiaries. There are no third-party beneficiaries to this Agreement.
- Notices. Productiv may give general notices for Subscription Services applicable to all customers via the Subscription Services web portal/website. Except as otherwise set forth herein, all legal notices under this Agreement will be in writing addressed to the parties at the address set forth in the preamble of this Agreement and will be deemed to have been duly given (a) when received, if personally delivered; (b) the first business day after sending by email; (c) the day after it is sent, if sent for next day delivery by recognized overnight delivery service; and (d) upon receipt, if sent by certified or registered mail, return receipt requested.
- Waiver. No failure or delay by either party in exercising any right under this Agreement shall constitute a waiver of that right.
- Severability. If any provision of this Agreement is held by a court of competent jurisdiction to be contrary to law, the provision shall be modified by the court and interpreted so as best to accomplish the objectives of the original provision to the fullest extent permitted by law, and the remaining provisions of this Agreement shall remain in effect.
- Assignment. Neither party may assign any of its rights or obligations hereunder, whether by operation of law or otherwise, without the prior written consent of the other party (not to be unreasonably withheld). Notwithstanding the foregoing, either party may assign this Agreement in its entirety (including all Order Forms), without consent of the other party, to its Affiliate or in connection with a merger, acquisition, corporate reorganization, or sale of all or substantially all of its assets. Subject to the foregoing, this Agreement shall bind and inure to the benefit of the parties, their respective successors and permitted assigns.
- Governing Law; Venue; Waiver of Jury Trial; Fees. This Agreement will be governed by the laws of the State of Delaware, USA, exclusive of its rules governing choice of law and conflict of laws. The United Nations Convention on Contracts for the International Sale of Goods will not apply. All disputes arising out of this Agreement will be subject to the exclusive jurisdiction and venue of the state and federal courts of the State of Delaware and the parties hereby consent to the personal jurisdiction of these courts. In the event of actual or threatened breach of confidentiality obligations, the non-breaching party may seek specific performance, immediate injunctive and other equitable relief in any competent court without prejudice to any other rights or remedies. Each party also hereby waives any right to jury trial in connection with any action or litigation in any way arising out of or related to this Agreement. In any action or proceeding to enforce rights under this Agreement, the prevailing party will be entitled to recover its reasonable costs and attorneys’ fees.
- Modifications. As Productiv’s business evolves, Productiv may update this Agreement and post the updated Agreement here (or a successor site). Productiv will provide Customer with reasonable notice prior to material changes taking effect, including by reference on an Order Form, via the Services or e-mail, or by posting the updated terms on our public website. Customer can review the most current version of the Agreement at any time by visiting the Productiv website. The revised Agreement will become effective upon posting of the change. If Customer accesses or uses the Services after the effective date, that use will constitute Customer’s acceptance of any revised terms and conditions.
- Export Compliance. Each party will comply with applicable export control and economic sanctions laws and regulations when providing or using the Services, Productiv Materials or Customer Materials. Without limiting the foregoing, (i) Customer warrants that neither it nor any party that wholly or partially owns Customer is listed on or acting on behalf of and will not act on behalf of any U.S. government list of prohibited or restricted parties or organized, headquartered or located in (or a national of) a country that is subject to an U.S. government embargo or that has been designated by the U.S. government as a “terrorist supporting” country (an “Embargoed Jurisdiction”), (ii) Customer will not (and will not permit any third parties to) access or use the Services or Productiv Materials from an Embargoed Jurisdiction or in violation of any U.S. export embargo, prohibition or restriction, and (iii) Customer will not submit to Productiv or in the Services any information that is controlled under the U.S. International Traffic in Arms Regulations.
- Force Majeure. Neither party will be deemed in breach hereunder for any cessation, interruption or delay in the performance of its obligations due to causes beyond its reasonable control (“Force Majeure Event”), including but not limited to earthquake, flood, or other natural disaster, “acts of God”, labor controversy, civil disturbance, terrorism, war (whether or not officially declared), cyber-attacks (e.g., denial of service attacks), or the inability to obtain sufficient supplies, transportation or other essential commodity or service required in the conduct of its business, or any change in or the adoption of any law, regulation, judgment or decree.
- Entire Agreement. This Agreement, including linked terms incorporated by reference, and all exhibits, addenda and Order Forms, constitutes the entire agreement between the parties and supersedes all prior and contemporaneous agreements, proposals or representations, written or oral, concerning Customer’s purchase and use of the Services. However, to the extent of any conflict or inconsistency between the provisions in the body of this Agreement and any Order Form, the terms of such exhibit, addendum or Order Form shall prevail. Notwithstanding any language to the contrary therein, no terms or conditions stated in or accepted by Productiv during a vendor onboarding process or web portal, a Customer purchase order, or any other Customer order documentation (excluding Order Forms) shall be incorporated into or form any part of this Agreement, and all such terms or conditions shall be null and void.
Effective 10/01/2022 through 3/14/2024
MASTER SUBSCRIPTION AGREEMENT
This Master Subscription Agreement (the “Agreement”) is entered into by and between Productiv, Inc., a Delaware Corporation with offices at 658 High St, Palo Alto, CA 94301 (“Productiv”) and [Insert customer name], a [State]Corporation with offices at [insert address] (“Customer”), effective as of the last date of signature below (the “Effective Date”).
- Definitions.
- “Affiliate” means, with respect to a party, any entity that directly or indirectly controls, is controlled by, or is under common control with such party. "Control," for purposes of this definition, means direct or indirect ownership or control of more than 50% of the voting interests of the subject entity.
- “Authorized User” means an individual who is authorized by Customer to use the Services or submit Customer Data.
- “Customer Data” means data related to Customer’s organization, SaaS application usage and spend submitted by or on behalf of Customer to the Services. As used herein, “submit” includes providing data via Non-Productiv Application, upload, or otherwise transmitting to the Services.
- “Documentation” means Productiv’s product documentation for the applicable Services made available via https://help.productiv.com/ (or a successor site).
- Evaluation Services” means features or functionality that Productiv may make available to Customer to try, at its option, and which may be designated by Productiv as a beta, limited release, essentials, evaluation, pilot, proof-of-concept (POC) or by a similar description.“Non-Productiv Application” means any web-based, offline, mobile, or other software applications provided by Customer or a third party that may interoperate with or be managed by the Services.
- “Order Form” means an ordering document (including any online order) specifying the Services to be provided hereunder that is entered into between Customer and Productiv.
- “Order Term” means the subscription term for a purchased Service. Each Order Term will be specified in an Order Form.
- “Security Practices” means Productiv’s security practices set forth in https://productiv.com/legal/security-practices/.
- “Services” means the SaaS Intelligence platform, analytics and services provided by Productiv. Services excludes Non-Productiv Applications.
- “SOW” means “Statement of Work” mutually agreed by the parties that sets forth the applicable professional services, schedule and fees.
- “Support” means the technical support provided by Productiv for the applicable Services plan.
- Productiv Obligations.
- Provision of Services. Productiv will (i) make the Services purchased under an Order Form available to Customer during the applicable Order Term and pursuant to this Agreement; (ii) provide standard Support to Customer at no additional charge, or, upgraded Support, if purchased; and (iii) use commercially reasonable efforts to make the Services available 24 hours a day, 7 days a week, except for planned downtime (of which Productiv gives prior electronic notice).
- Performance and Features. Productiv warrants that (i) the Services will perform materially in accordance with the Order Form and any applicable Documentation; and (ii) Productiv will not materially decrease the functionality of a purchased Service during an Order Term. For any breach of an above warranty, Customer’s exclusive remedies are those described in the sections titled “Termination for Cause” and “Refund or Payment upon Termination.”
- Changes. Productiv may modify or republish the Services and reserves the right to discontinue individual features within the Services from time to time and will provide notice of such changes to customers via the Services web portal or website.
- Protection of Customer Data. Productiv will maintain administrative, physical, and technical safeguards for the security, confidentiality and integrity of Customer Data at a level not materially less protective than as described in the Security Practices located at https://productiv.com/legal/security-practices/, which is hereby incorporated by reference into this Agreement. Those safeguards will include measures for preventing unauthorized access, use, modification, deletion and disclosure of Customer Data by Productiv personnel. Before providing necessary access to Customer Data to a third-party service provider, Productiv will ensure that the third-party maintains reasonable data practices for maintaining the confidentiality and security of the Customer Data and preventing unauthorized access to or use of the Customer Data. However, Customer bears sole responsibility for adequate security, protection and backup of Customer Data when in Customer’s or its representatives or agents’ possession or control.
- Productiv Personnel. Productiv will be responsible for the performance of Productiv’s personnel (including Productiv’s employees and independent contractors) and their compliance with Productiv’s obligations under this Agreement.
- Compliance with Laws. Productiv will comply with laws applicable to Productiv in its provisioning of the Services to its customers generally.
- Data Processing Addendum. In the course of providing the Services to Customer, Productiv may process Customer Data that includes information relating to an identified or identifiable natural person (“Personal Data”). The parties agree that the Data Processing Addendum set forth at https://productiv.com/legal/dpa/ forms a part of and supplements this Agreement with respect to the processing of any such Personal Data. In accordance with Productiv Data Processing Addendum, Productiv may engage Productiv Affiliates and third party sub-processors currently listed at https://productiv.com/legal/data-sub-processors/ to process personal data on Productiv's behalf in order to provide the Services.
- Evaluation Services. From time to time, Customer may be invited to try Evaluation Services at no charge for a free trial, preview or evaluation period. NOTWITHSTANDING ANYTHING TO THE CONTRARY IN THIS AGREEMENT, TO THE MAXIMUM EXTENT PERMITTED BY LAW, THE EVALUATION SERVICES ARE PROVIDED “AS-IS” WITHOUT ANY WARRANTY AND PRODUCTIV SHALL HAVE NO INDEMNIFICATION OBLIGATIONS NOR LIABILITY OF ANY TYPE WITH RESPECT TO THE EVALUATION SERVICES, INCLUDING WITH RESPECT TO THEIR PERFORMANCE, SPEED, FUNCTIONALITY, SUPPORT, AND AVAILABILITY AND PRODUCTIV WILL HAVE NO LIABILITY OR OBLIGATION FOR ANY HARM OR DAMAGE ARISING FROM DEFICIENCIES THEREWITH. Unless otherwise stated on a relevant Order Form, Productiv may discontinue Evaluation Services at any time in its sole discretion. Customer is solely responsible for backing up and/or exporting Customer Data from the Evaluation Services prior to termination of Customer’s access to the Evaluation Services for any reason.
- Access and Use of Services.
- Use of Services. Subject to the terms of this Agreement, Productiv grants to Customer a limited, non-sublicensable, non-exclusive, non-transferable right during the applicable Order Term to allow its Authorized Users to access and use the Services in accordance with the Order Form, solely for Customer’s internal business operations.
- Documentation License. Subject to the terms of this Agreement, Productiv grants to Customer a non-exclusive, non-sublicensable, non-transferable (except in compliance with Assignment clause) license to use the Documentation during the Term solely for Customer's internal business purposes in connection with its use of the Services.
- Provision of Professional Services and License. Subject to the terms of this Agreement and the applicable SOW, Productiv will provide professional services to Customer. All information, documents, work products or other materials shared with or provided to Customer by Productiv in connection with the professional services shall be “Productiv Materials”. Subject to payment of the applicable fees in the SOW, Productiv hereby grants Customer a revocable, non-exclusive, non-sublicensable, non-transferable, license to use the Productiv Materials, solely for purposes of Customer’s internal business operations in connection with Customer’s use of the Productiv Services. Productiv retains all ownership rights to the Productiv Materials. Productiv Materials do not include any Customer Materials.
- Customer Obligations. Customer will (a) be responsible for all activities conducted under its and its Authorized Users’ use of the Services, and secure all access credentials provided by Productiv, (b) access and use the Services in compliance with this Agreement, the applicable Order Form, and all applicable laws, (c) be responsible for the accuracy, quality and legality of Customer Data, and possess sufficient rights to permit the use contemplated under this Agreement, (d) comply with its agreement(s) for any Non-Productiv Application with which Customer elects to use Services, (e) not (i) access the Services for the purpose of building a competitive product or service, (ii) copy or create derivative works based on the Services, or any portion thereof, and (iii) reverse engineer, modify, adapt, or disrupt the proper operation of the Services, or otherwise attempt to gain unauthorized access to the Services or its related systems or networks, and (f) Customer hereby grants Productiv a non-exclusive, worldwide, royalty-free right and license to use, host, display, the Customer’s vendor agreements solely for the purpose of providing the Services to Customer during the Term.
- Removal Requests. Productiv has no obligation to monitor Customer’s use of the Services but Productiv may do so and may prohibit any use of the Services (or disable content or data) it believes may be (or alleged to be) in violation of Section 3.
- Non-Productiv Applications. If Customer chooses to use a Non-Productiv Application with a Service, Customer grants Productiv permission to connect the Service with the Non-Productiv Application to receive and process Customer Data on its behalf in accordance with this Agreement.
- Fees.
- Services Fees. Customer will pay Productiv the applicable fees for the Services specified in the relevant Order Form (collectively, the “Fees”). Payment obligations are non-cancelable and, except as expressly set forth herein, Fees paid are non-refundable. If Customer’s use of the Services exceeds any applicable limits set forth on the Order Form or otherwise requires the payment of additional fees, Customer shall be billed for such usage in accordance with 4(b) below and Customer agrees to pay the additional Fees in the manner provided therein.
- Invoice. Fees will be invoiced in advance and otherwise in accordance with the relevant Order Form. Productiv will bill Customer through invoices sent via email to the billing contact designated by Customer, unless a payment method is otherwise specified in the Order Form. Unless otherwise agreed in the relevant Order Form, full payment for invoices issued must be received within thirty (30) days from the invoice date. Except for those taxes based on Productiv's net income, Customer will be responsible for all applicable taxes in connection with this Agreement including, but not limited to, sales, use, excise, value-added, goods and services, consumption, and other similar taxes or duties. Should any payment for the Services provided by Productiv be subject to withholding tax by any government, Customer will reimburse Productiv for such withholding tax.
- Suspension of Service. If any charge owed by Customer (excluding amounts reasonably disputed in good faith) is thirty (30) days or more overdue, Productiv may, without limiting its other rights and remedies, suspend any Services until such amounts are paid in full, provided Productiv has given Customer ten (10) or more days’ prior notice, which may be provided to Customer’s designated billing contact via email, that its account is overdue.
- Fee Disputes. If Customer believes that Productiv has billed Customer incorrectly, Customer must contact Productiv no later than sixty (60) days after the closing date on the first invoice in which the error or problem appeared, in order to request an adjustment or credit. Productiv will not exercise its rights under the “Suspension of Service” section above if Customer is disputing the applicable Fees reasonably and in good faith and is cooperating diligently to resolve the dispute. Unpaid invoices not being disputed reasonably and in good faith are subject to a finance charge of 1.5% per month on any outstanding balance, or the maximum permitted by law, whichever is lower, plus all expenses of collection.
- Future Functionality. Customer agrees that its purchases hereunder are neither contingent on the delivery of any future functionality or features nor dependent on any oral or written public or private comments made by Productiv regarding future functionality or features.
- Publicity. The parties acknowledge and agree that the pricing and discounts extended hereunder are contingent on Productiv’s limited right to use Customer’s company name and logo for marketing or promotional purposes on Productiv’s website, LinkedIn and in public or private communications with existing or potential Productiv customers, which Customer hereby grants, subject to Customer’s standard trademark usage guidelines as provided to Productiv from time-to-time. Any additional promotional use of Customer’s name and logo will be mutually agreed upon by the parties.
- Term.
- Agreement Term. This Agreement commences on the Effective Date and continues until all Order Forms have expired or been terminated (the “Term”). Services subscriptions commence on the start date specified in the applicable Order Form and continue for the Order Term specified therein. Except as otherwise specified in the applicable Order Form, all purchases will automatically renew for additional periods equal to the then-current Order Term, unless either party gives the other written notice of non-renewal (email permitted) at least thirty (30) days before the end of the relevant Order Term. In the event an Order Form is not renewed and expires, Customer will lose access to the expiring Services within twenty-four (24) hours of the last day of the Order Term. The Fees during any automatic renewal term will be the same as the then-current fees, unless Productiv has provided notice at least thirty (30) days in advance of the end of the Order Term of a fee adjustment. Termination of this Agreement will terminate any and all Order Forms under this Agreement.
- Termination for Cause. Either party may terminate this Agreement effective after thirty (30) days’ notice if the other party materially breaches this Agreement and such breach is not cured within such notice period.
- Refund or Payment upon Termination for Cause. Upon any termination for cause by Customer, Productiv will refund Customer any prepaid fees covering the remainder of the Order Term of all subscriptions after the effective date of termination. Upon any termination for cause by Productiv, Customer will pay any unpaid fees covering the remainder of the term of all Order Forms. In no event will any termination relieve Customer of the obligation to pay any fees payable to Productiv for the period prior to the effective date of termination.
- Portability and Deletion. Customer may request deletion or export of Customer Data stored by Productiv. Following an Order Term, Productiv will have no obligation to maintain or provide any Customer Data, and upon Customer’s request or otherwise, Productiv will, unless legally prohibited, delete all Customer Data in its systems or otherwise in its possession.
- Surviving Provisions. The sections titled “Fees,” “Proprietary Rights,” “Confidentiality,” “Representations, Warranties and Disclaimers,” “Mutual Indemnification,” “Limitation of Liability,” “Refund or Payment upon Termination for Cause,” “Portability and Deletion,” “Surviving Provisions” and “General Provisions” shall survive any termination or expiration of this Agreement.
- Proprietary Rights.
- Reservation of Rights in Services. Subject to the limited rights expressly granted hereunder, Productiv owns and reserves all rights, title and interest in and to the Services and Documentation, including all related intellectual property rights. No rights are granted to Customer hereunder other than as expressly set forth herein.
- Limited License to Customer Data. Subject to the limited rights expressly granted hereunder, Customer owns all rights, title and interest in and to its Customer Data. Customer grants Productiv and its Affiliates a worldwide, non-exclusive, limited term license to access, use, copy, distribute, host and display Customer Data, and provide necessary access to third party service providers acting on its behalf, such as Amazon Web Services, to provide, maintain, and update the Services. Productiv may aggregate and de-identify Customer Data to generate and retain data about Productiv customers and information relating to the provision, use and performance of the Services (“Aggregate Usage Data”). Productiv may use and disclose Aggregate Usage Data to develop, improve, and deliver Services and other offerings or otherwise operate its business, provided that disclosure will not identify Customer, any Customer personnel or any Confidential Information (defined below) of Customer to any third party.
- Suggestions. If Customer or any Authorized User provides Productiv any feedback or suggestions regarding the Services or Evaluation Services, then Customer grants Productiv an unlimited, irrevocable, perpetual, sublicensable, royalty-free license to use any such feedback or suggestions for any purpose without any obligation or compensation to Customer or any Authorized User.
- Confidentiality.
- Definition of Confidential Information. As used herein, “Confidential Information” means all confidential information disclosed by a party (“Disclosing Party”) to the other party (“Receiving Party”), whether orally or in writing, that is designated as confidential or that reasonably should be understood to be confidential given the nature of the information and the circumstances of disclosure. Confidential Information of Customer shall include Customer Data, Confidential Information of Productiv shall include the Services and Documentation, and Confidential Information of each party shall include the terms and conditions of this Agreement and all Order Forms, as well as any non-public business and marketing plans, technology and technical information, product plans and designs, and business processes disclosed by such party. However, Confidential Information shall not include any information that (a) is or becomes generally available to the public without breach of any obligation owed to the Disclosing Party; (b) was known to the Receiving Party prior to its disclosure by the Disclosing Party without breach of any obligation owed to the Disclosing Party; (c) is received from a third party without breach of any obligation owed to the Disclosing Party; or (d) was independently developed by the Receiving Party without use of or reliance on the Confidential Information of the Disclosing Party.
- Protection of Confidential Information. The Receiving Party shall (a) use the same degree of care that it uses to protect the confidentiality of its own confidential information of like kind (but in no event less than reasonable care); (b) not use any Confidential Information of the Disclosing Party for any purpose outside the scope of this Agreement; and (c) except as otherwise authorized by the Disclosing Party in writing, limit access to Confidential Information of the Disclosing Party to those of its and its Affiliates’ employees, contractors and agents who need such access for purposes consistent with this Agreement. Neither party shall disclose the terms of this Agreement or any Order Form to any third party other than its Affiliates, its advisors or in confidence in connection with bona fide fundraising or M&A due diligence activities.
- Compelled Access or Disclosure. The Receiving Party may access or disclose Confidential Information of the Disclosing Party if it is compelled by law to do so, provided the Receiving Party gives the Disclosing Party prior notice of such compelled access or disclosure (to the extent legally permitted) and reasonable assistance, at the Disclosing Party's cost, if the Disclosing Party wishes to contest the access or disclosure. If the Receiving Party is compelled by law to access or disclose the Disclosing Party’s Confidential Information as part of a civil proceeding to which the Disclosing Party is a party, and the Disclosing Party is not contesting the access or disclosure, the Disclosing Party will reimburse the Receiving Party for its reasonable cost of compiling and providing secure access to such Confidential Information.
- Representations, Warranties and Disclaimers.
- Mutual Representation. Each party represents that it has validly entered into this Agreement and has the legal power to do so.
- Disclaimer. EXCEPT AS EXPRESSLY PROVIDED FOR HEREIN, THE SERVICES, DOCUMENTATION, SUPPORT AND ALL RELATED COMPONENTS AND INFORMATION ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS WITHOUT ANY WARRANTIES OF ANY KIND, AND PRODUCTIV EXPRESSLY DISCLAIMS ANY AND ALL WARRANTIES, WHETHER EXPRESS OR IMPLIED, INCLUDING THE IMPLIED WARRANTIES OF MERCHANTABILITY, TITLE, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT. CUSTOMER ACKNOWLEDGES THAT PRODUCTIV DOES NOT WARRANT THAT THE SERVICES WILL BE UNINTERRUPTED, TIMELY, SECURE, OR ERROR-FREE. PRODUCTIV STRICTLY DISCLAIMS ALL WARRANTY REGARDING AND DOES NOT SUPPORT ANY NON-PRODUCTIV APPLICATION.
- Limitation of Liability.
- Limitation of Liability. EXCEPT FOR (I) EITHER PARTY’S INDEMNIFICATION OBLIGATIONS UNDER SECTION 10 (“MUTUAL INDEMNIFICATION”), OR (II) DAMAGES ARISING OUT OF EITHER PARTY’S GROSS NEGLIGENCE OR WILLFUL MISCONDUCT, IN NO EVENT SHALL EITHER PARTY’S AGGREGATE LIABILITY ARISING OUT OF OR RELATED TO THIS AGREEMENT (WHETHER IN CONTRACT OR TORT OR UNDER ANY OTHER THEORY OF LIABILITY) EXCEED THE TOTAL AMOUNT PAID BY CUSTOMER HEREUNDER IN THE 12 MONTHS PRECEDING THE FIRST EVENT GIVING RISE TO LIABILITY. THE FOREGOING SHALL NOT LIMIT CUSTOMER'S PAYMENT OBLIGATIONS UNDER THE “FEES” SECTION ABOVE.
- Exclusion of Consequential and Related Damages. IN NO EVENT SHALL EITHER PARTY HAVE ANY LIABILITY TO THE OTHER PARTY OR TO ANY THIRD PARTY FOR ANY LOST PROFITS OR REVENUES OR FOR ANY INDIRECT, SPECIAL, INCIDENTAL, CONSEQUENTIAL, COVER OR PUNITIVE DAMAGES HOWEVER CAUSED, WHETHER IN CONTRACT, TORT OR UNDER ANY OTHER THEORY OF LIABILITY, AND WHETHER OR NOT THE PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. THE FOREGOING DISCLAIMER SHALL NOT APPLY TO THE EXTENT PROHIBITED BY APPLICABLE LAW.
- Scope of Limitation. The limitations hereunder apply with respect to all legal theories, whether in contract, tort or otherwise. The provisions of this ’Limitation of Liability’ section allocate the risks under this Agreement between the parties, and the parties have relied on these limitations in determining whether to enter into this Agreement.
- Mutual Indemnification.
- Productiv Indemnification. Productiv shall defend Customer and its Affiliates, and its and their respective officers, directors, employees and contractors, from and against a suit or proceeding by a third party alleging that the Services provided by Productiv hereunder, or use of such Services by Customer, violates, infringes or misappropriates a third party’s intellectual property right (a “Claim Against Customer”), and shall indemnify Customer for any damages, attorney fees and costs finally awarded against Customer as a result of, and for amounts paid by Customer under a court-approved settlement of, a Claim Against Customer; provided, however, that Productiv shall have no liability under this Section 10(a) to the extent a Claim Against Customer arises from (i) Customer Data or a Non-Productiv Application; (ii) Customer’s negligence, misconduct, or breach of this Agreement; (iii) any modification, combination or development of the Services that is not performed by Productiv, including in the use of any APIs; or (iv) the use of any version of software other than the most current release made available by Productiv.
- Customer Indemnification. Customer shall defend Productiv and its Affiliates, and its and their respective officers, directors, employees and contractors, from and against a suit or proceeding by a third party alleging that Customer’s provision or use of Customer Data hereunder violates a third party right or agreement, or applicable law (each, a “Claim Against Productiv”), and shall indemnify Productiv for any damages, attorney fees and costs finally awarded against Productiv as a result of, or for any amounts paid by Productiv under a court-approved settlement of, a Claim Against Productiv; provided, however, that Customer shall have no liability under this Section 10(b) to the extent a Claim Against Productiv arises from Productiv’s breach of this Agreement.
- Indemnification Procedure. The indemnified party will provide the indemnifying party with prompt written notice of any claim, suit or demand, the right to assume the exclusive defense and control of any matter that is subject to indemnification, and cooperation with any reasonable requests assisting the indemnifying party’s defense and settlement of such matter.
- Exclusive Remedy. This “Mutual Indemnification” section states the indemnifying party’s sole liability to, and the indemnified party’s exclusive remedy against, the other party for any type of claim described in this section.
- General Provisions.
- Relationship of the Parties. The parties are independent contractors. This Agreement does not create a partnership, franchise, joint venture, agency, fiduciary or employment relationship between the parties.
- No Third-Party Beneficiaries. There are no third-party beneficiaries to this Agreement.
- Notices. Except as otherwise set forth herein, all notices under this Agreement will be in writing addressed to the parties at the address set forth in the preamble of this Agreement and will be deemed to have been duly given (a) when received, if personally delivered; (b) the first business day after sending by email; (c) the day after it is sent, if sent for next day delivery by recognized overnight delivery service; and (d) upon receipt, if sent by certified or registered mail, return receipt requested.
- Waiver. No failure or delay by either party in exercising any right under this Agreement shall constitute a waiver of that right.
- Severability. If any provision of this Agreement is held by a court of competent jurisdiction to be contrary to law, the provision shall be modified by the court and interpreted so as best to accomplish the objectives of the original provision to the fullest extent permitted by law, and the remaining provisions of this Agreement shall remain in effect.
- Assignment. Neither party may assign any of its rights or obligations hereunder, whether by operation of law or otherwise, without the prior written consent of the other party (not to be unreasonably withheld). Notwithstanding the foregoing, either party may assign this Agreement in its entirety (including all Order Forms), without consent of the other party, to its Affiliate or in connection with a merger, acquisition, corporate reorganization, or sale of all or substantially all of its assets. A party’s sole remedy for any purported assignment by the other party in breach of this paragraph are those described in the “Termination for Cause” and “Refund or Payment upon Termination” sections of this Agreement. Subject to the foregoing, this Agreement shall bind and inure to the benefit of the parties, their respective successors and permitted assigns.
- Governing Law. This Agreement, and any disputes arising out of or related hereto, shall be governed exclusively by the internal laws of the State of California, without regard to its conflicts of laws rules or the United Nations Convention on the International Sale of Goods.
- Venue; Waiver of Jury Trial; Fees. The state and federal courts located in San Francisco County, California shall have exclusive jurisdiction to adjudicate any dispute arising out of or relating to this Agreement. Each party hereby consents to the exclusive jurisdiction of such courts. Each party also hereby waives any right to jury trial in connection with any action or litigation in any way arising out of or related to this Agreement. In any action or proceeding to enforce rights under this Agreement, the prevailing party will be entitled to recover its reasonable costs and attorneys’ fees.
- Export Compliance. Each party will comply with applicable export control and economic sanctions laws and regulations when providing or using the Services, Productiv Materials or Customer Materials. Without limiting the foregoing, (i) Customer warrants that neither it nor any party that wholly or partially owns Customer is listed on or acting on behalf of and will not act on behalf of any U.S. government list of prohibited or restricted parties or organized, headquartered or located in (or a national of) a country that is subject to an U.S. government embargo or that has been designated by the U.S. government as a “terrorist supporting” country (an “Embargoed Jurisdiction”), (ii) Customer will not (and will not permit any third parties to) access or use the Services or Productiv Materials from an Embargoed Jurisdiction or in violation of any U.S. export embargo, prohibition or restriction, and (iii) Customer will not submit to Productiv or in the Services any information that is controlled under the U.S. International Traffic in Arms Regulations.
- Force Majeure. Neither party will be deemed in breach hereunder for any cessation, interruption or delay in the performance of its obligations due to causes beyond its reasonable control (“Force Majeure Event”), including but not limited to earthquake, flood, or other natural disaster, “acts of God”, pandemic or similar outbreak, labor controversy, civil disturbance, terrorism, war (whether or not officially declared), cyber-attacks (e.g., denial of service attacks), or the inability to obtain sufficient supplies, transportation or other essential commodity or service required in the conduct of its business, or any change in or the adoption of any law, regulation, judgment or decree.
- Entire Agreement. This Agreement, including all exhibits and addenda hereto and all Order Forms, constitutes the entire agreement between the parties and supersedes all prior and contemporaneous agreements, proposals or representations, written or oral, concerning Customer’s purchase and use of the Services. Without limiting the foregoing, this Agreement supersedes the terms of any online agreement electronically accepted by Customer. No modification, amendment, or waiver of any provision of this Agreement shall be effective unless in writing and signed by the party against whom the modification, amendment or waiver is to be asserted. However, to the extent of any conflict or inconsistency between the provisions in the body of this Agreement and any exhibit or addendum hereto or any Order Form, the terms of such exhibit, addendum or Order Form shall prevail. Notwithstanding any language to the contrary therein, no terms or conditions stated in or accepted by Productiv during a vendor onboarding process or web portal, a Customer purchase order, or any other Customer order documentation (excluding Order Forms) shall be incorporated into or form any part of this Agreement, and all such terms or conditions shall be null and void.
The parties have caused this Agreement to be executed by their duly authorized representatives as of the date first written above. This Agreement may be executed and delivered by PDF counterparts or electronic signatures and such execution and delivery will have the same force and effect of an original document with original signatures.
Effective 11/27/2021 through 9/30/2022
MASTER SUBSCRIPTION AGREEMENT
This Master Subscription Agreement (the “Agreement”) describes the terms and conditions that govern the acquisition and use of the SaaS Intelligence services (the “Services”) provided by Productiv, Inc. (“Productiv”). The Agreement is effective between Customer (defined below) and Productiv as of the date of Customer’s accepting this Agreement (the “Effective Date”).
BY ACCEPTING THIS AGREEMENT, BY (1) EXECUTING AN ORDER FORM THAT REFERENCES THIS AGREEMENT, (2) REGISTERING AN ACCOUNT WITH PRODUCTIV, (3) OR ACCESSING OR USING SERVICES, INCLUDING EVALUATION SERVICES (DEFINED BELOW), CUSTOMER AGREES TO THE TERMS OF THIS AGREEMENT. IF THE INDIVIDUAL ACCEPTING THIS AGREEMENT IS ACCEPTING ON BEHALF OF A COMPANY OR OTHER LEGAL ENTITY, SUCH INDIVIDUAL REPRESENTS THAT THEY HAVE THE AUTHORITY TO BIND SUCH ENTITY AND ITS AFFILIATES TO THESE TERMS AND CONDITIONS, IN WHICH CASE THE TERM “CUSTOMER” SHALL REFER TO SUCH ENTITY AND ITS AFFILIATES. IF THE INDIVIDUAL ACCEPTING THIS AGREEMENT DOES NOT HAVE SUCH AUTHORITY, OR DOES NOT AGREE WITH THESE TERMS AND CONDITIONS, SUCH INDIVIDUAL MUST NOT ACCEPT THIS AGREEMENT AND MAY NOT USE THE SERVICES. IF CUSTOMER REGISTERS FOR OR USES AN EVALUATION SERVICE, APPLICABLE PROVISIONS OF THIS AGREEMENT WILL ALSO GOVERN THOSE EVALUATION SERVICES.
- Definitions.
- “Affiliate” means, with respect to a party, any entity that directly or indirectly controls, is controlled by, or is under common control with such party. "Control," for purposes of this definition, means direct or indirect ownership or control of more than 50% of the voting interests of the subject entity.
- “Authorized User” means an individual who is authorized by Customer to use the Services or submit Customer Data.
- “Customer” means in the case of an individual accepting this Agreement on his or her own behalf, such individual, or in the case of an individual accepting this Agreement on behalf of a company or other legal entity, the company or other legal entity for which such individual is accepting this Agreement, and Affiliates of that company or entity (for so long as they remain Affiliates) which have entered into Order Forms
- “Customer Data” means data related to Customer’s organization, SaaS application usage and spend submitted by or on behalf of Customer to the Services. As used herein, “submit” includes providing data via Non-Productiv Application, upload, or otherwise transmitting to the Services.
- “Documentation” means Productiv’s product documentation for the applicable Services made available via https://help.productiv.com/ (or a successor site).
- “Evaluation Services” means features or functionality that Productiv may make available to Customer to try, at its option, and which may be designated by Productiv as a beta, limited release, essentials, evaluation, pilot, or by a similar description.
- “Non-Productiv Application” means any web-based, offline, mobile, or other software applications provided by Customer or a third party that may interoperate with or be managed by the Services.
- “Order Form” means an ordering document (including any online order) specifying the Services to be provided hereunder that is entered into between Customer and Productiv.
- “Order Term” means the subscription term for a purchased Service. Each Order Term will be specified in an Order Form.
- “Security Practices” means Productiv’s security practices set forth in Schedule A.
- “Services” means the SaaS intelligence platform, analytics and services provided by Productiv. Services excludes Non-Productiv Applications.
- “Support” means the technical support provided by Productiv for the applicable Services plan.
- Productiv Obligations.
- Provision of Services. Productiv will (i) make the Services purchased under an Order Form available to Customer during the applicable Order Term and pursuant to this Agreement; (ii) provide standard Support to Customer at no additional charge, or, upgraded Support, if purchased on an Order Form; and (iii) use commercially reasonable efforts to make the Services available 24 hours a day, 7 days a week, except for planned downtime (of which Productiv gives prior electronic notice).
- Performance and Features. Productiv warrants that (i) the Services will perform materially in accordance with the Order Form and any applicable Documentation; and (ii) Productiv will not materially decrease the functionality of a purchased Service during an Order Term. For any breach of an above warranty, Customer’s exclusive remedies are those described in the sections titled “Termination for Cause” and “Refund or Payment upon Termination.”
- Protection of Customer Data. Productiv will maintain administrative, physical, and technical safeguards for the security, confidentiality and integrity of Customer Data at a level not materially less protective than as described in the Security Practices. Those safeguards will include measures for preventing unauthorized access, use, modification, deletion and disclosure of Customer Data by Productiv personnel. Before providing necessary access to Customer Data to a third-party service provider, Productiv will ensure that the third-party maintains reasonable data practices for maintaining the confidentiality and security of the Customer Data and preventing unauthorized access to or use of the Customer Data. However, Customer bears sole responsibility for adequate security, protection and backup of Customer Data when in Customer’s or its representatives or agents’ possession or control.
- Productiv Personnel. Productiv will be responsible for the performance of Productiv’s personnel (including Productiv’s employees and independent contractors) and their compliance with Productiv’s obligations under this Agreement.
- Compliance with Laws. Productiv will comply with laws applicable to Productiv in its provisioning of the Services to its customers generally.
- Data Processing Addendum. In the course of providing the Services to Customer, Productiv may process Customer Data that includes information relating to an identified or identifiable natural person (“Personal Data”). The parties agree that the Data Processing Addendum set forth at https://productiv.com/terms-of-service/ forms a part of and supplements this Agreement with respect to the processing of any such Personal Data.
- Evaluation Services. From time to time, Customer may be invited to try Evaluation Services at no charge for a free trial, preview or evaluation period. NOTWITHSTANDING ANYTHING TO THE CONTRARY IN THIS AGREEMENT, TO THE MAXIMUM EXTENT PERMITTED BY LAW, THE EVALUATION SERVICES ARE PROVIDED “AS-IS” WITHOUT ANY WARRANTY AND PRODUCTIV SHALL HAVE NO INDEMNIFICATION OBLIGATIONS NOR LIABILITY OF ANY TYPE WITH RESPECT TO THE EVALUATION SERVICES, INCLUDING WITH RESPECT TO THEIR PERFORMANCE, SPEED, FUNCTIONALITY, AND SUPPORT. Unless otherwise stated on a relevant Order Form, Productiv may discontinue Evaluation Services at any time in its sole discretion. Customer is solely responsible for backing up and/or exporting Customer Data from the Evaluation Services prior to termination of Customer’s access to the Evaluation Services for any reason.
- Access and Use of Services.
- Use of Services. Subject to the terms of this Agreement, Productiv grants to Customer a limited, non-sublicensable, non-exclusive, non-transferable right during the applicable Order Term to allow its Authorized Users to access and use the Services in accordance with the Order Form, solely for Customer’s internal business operations.
- Customer Obligations. Customer will (a) be responsible for all activities conducted under its and its Authorized Users’ use of the Services, and secure all access credentials provided by Productiv, (b) access and use the Services in compliance with this Agreement, the applicable Order Form, and all applicable laws, (c) be responsible for the accuracy, quality and legality of Customer Data, and possess sufficient rights to permit the use contemplated under this Agreement, (d) comply with its agreement(s) for any Non-Productiv Application with which Customer elects to use Services, and (e) not (i) access the Services for the purpose of building a competitive product or service, (ii) copy or create derivative works based on the Services, or any portion thereof, and (iii) reverse engineer, modify, adapt, or disrupt the proper operation of the Services, or otherwise attempt to gain unauthorized access to the Services or its related systems or networks.
- Removal Requests. Productiv has no obligation to monitor Customer’s use of the Services but Productiv may do so and may prohibit any use of the Services (or disable content or data) it believes may be (or alleged to be) in violation of Section 3(b).
- Non-Productiv Applications. If Customer chooses to use a Non-Productiv Application with a Service, Customer grants Productiv permission to connect the Service with the Non-Productiv Application to receive and process Customer Data on its behalf in accordance with this Agreement.
- Fees.
- Services Fees. Customer will pay Productiv the applicable fees for the Services specified in the relevant Order Form (collectively, the "Fees"). Payment obligations are non-cancelable and, except as expressly set forth herein, Fees paid are non-refundable. If Customer’s use of the Services exceeds any applicable limits set forth on the Order Form or otherwise requires the payment of additional fees (per the terms of this Agreement), Customer shall be billed for such usage in accordance with 4(b) below and Customer agrees to pay the additional Fees in the manner provided therein.
- Invoice. Fees will be invoiced in advance and otherwise in accordance with the relevant Order Form. Productiv will bill Customer through invoices sent via email to the billing contact designated by Customer, unless a payment method is otherwise specified in the Order Form. Full payment for invoices issued must be received within thirty (30) days from the invoice date. Except for those taxes based on Productiv's net income, Customer will be responsible for all applicable taxes in connection with this Agreement including, but not limited to, sales, use, excise, value-added, goods and services, consumption, and other similar taxes or duties. Should any payment for the Services provided by Productiv be subject to withholding tax by any government, Customer will reimburse Productiv for such withholding tax.
- Suspension of Service. If any charge owed by Customer (excluding amounts reasonably disputed in good faith) is thirty (30) days or more overdue, Productiv may, without limiting its other rights and remedies, suspend any Services until such amounts are paid in full, provided Productiv has given Customer ten (10) or more days’ prior notice, which may be provided to Customer’s designated billing contact via email, that its account is overdue.
- Fee Disputes. If Customer believes that Productiv has billed Customer incorrectly, Customer must contact Productiv no later than sixty (60) days after the closing date on the first invoice in which the error or problem appeared, in order to request an adjustment or credit. Productiv will not exercise its rights under the “Suspension of Service” section above if Customer is disputing the applicable Fees reasonably and in good faith and is cooperating diligently to resolve the dispute. Unpaid invoices not being disputed reasonably and in good faith are subject to a finance charge of 1.5% per month on any outstanding balance, or the maximum permitted by law, whichever is lower, plus all expenses of collection.
- Future Functionality. Customer agrees that its purchases hereunder are neither contingent on the delivery of any future functionality or features nor dependent on any oral or written public or private comments made by Productiv regarding future functionality or features.
- Publicity. The parties acknowledge and agree that the pricing and discounts extended hereunder are contingent on Productiv’s limited right to use Customer’s company name and logo for marketing or promotional purposes on Productiv’s website, LinkedIn and in public or private communications with existing or potential Productiv customers, which Customer hereby grants, subject to Customer’s standard trademark usage guidelines as provided to Productiv from time-to-time. Any additional promotional use of company’s name and logo will be mutually agreed upon by the parties.
- Term.
- Agreement Term. This Agreement commences on the Effective Date and continues until all Services and Evaluation Services have expired or been terminated (the "Term"). Services subscriptions commence on the start date specified in the applicable Order Form and continue for the Order Term specified therein. Except as otherwise specified in the applicable Order Form, all purchases will automatically renew for additional periods equal to the then-current Order Term, unless either party gives the other written notice of non-renewal (email permitted) at least thirty (30) days before the end of the relevant Order Term. The Fees during any automatic renewal term will be the same as the then-current fees, unless Productiv has provided notice at least thirty (30) days in advance of the end of the Order Term of a fee adjustment. Termination of this Agreement will terminate any and all Order Forms under this Agreement.
- Termination for Cause. Either party may terminate this Agreement effective after thirty (30) days’ notice if the other party materially breaches this Agreement and such breach is not cured within such notice period.
- Refund or Payment upon Termination for Cause. Upon any termination for cause by Customer, Productiv will refund Customer any prepaid fees covering the remainder of the Order Term of all subscriptions after the effective date of termination. Upon any termination for cause by Productiv, Customer will pay any unpaid fees covering the remainder of the term of all Order Forms after the effective date of termination. In no event will any termination relieve Customer of the obligation to pay any fees payable to Productiv for the period prior to the effective date of termination.
- Portability and Deletion. Customer may request deletion or export of Customer Data stored by Productiv. Following an Order Term, Productiv will have no obligation to maintain or provide any Customer Data, and upon Customer’s request or otherwise, Productiv will, unless legally prohibited, delete all Customer Data in its systems or otherwise in its possession.
- Surviving Provisions. The sections titled “Fees,” “Proprietary Rights,” “Confidentiality,” “Mutual Representations, Warranties and Disclaimers,” “Mutual Indemnification,” “Limitation of Liability,” “Refund or Payment upon Termination for Cause,” “Portability and Deletion,” “Surviving Provisions” and “General Provisions” shall survive any termination or expiration of this Agreement.
- Proprietary Rights.
- Reservation of Rights in Services. Subject to the limited rights expressly granted hereunder, Productiv owns and reserves all rights, title and interest in and to the Services and Documentation, including all related intellectual property rights. No rights are granted to Customer hereunder other than as expressly set forth herein.
- Limited License to Customer Data. Subject to the limited rights expressly granted hereunder, Customer owns all rights, title and interest in and to its Customer Data. Customer grants Productiv and its Affiliates a worldwide, non-exclusive, limited term license to access, use, copy, distribute, perform and display Customer Data, and provide necessary access to third party service providers acting on its behalf, such as Amazon Web Services, to provide, maintain, and update the Services. Productiv may aggregate and de-identify Customer Data to generate and retain data about Productiv customers ("Aggregate Usage Data"). Productiv may use and disclose Aggregate Usage Data to develop and deliver Services or otherwise operate its business, provided that disclosure will not identify Customer, any Customer personnel or any Confidential Information (defined below) of Customer to any third party.
- Suggestions. If Customer or any Authorized User provides Productiv any feedback or suggestions regarding the Services or Evaluation Services, then Customer grants Productiv an unlimited, irrevocable, perpetual, sublicensable, royalty-free license to use any such feedback or suggestions for any purpose without any obligation or compensation to Customer or any Authorized User.
- Confidentiality.
- Definition of Confidential Information. As used herein, "Confidential Information" means all confidential information disclosed by a party ("Disclosing Party") to the other party ("Party"), whether orally or in writing, that is designated as confidential or that reasonably should be understood to be confidential given the nature of the information and the circumstances of disclosure. Confidential Information of Customer shall include Customer Data, Confidential Information of Productiv shall include the Services and Documentation, and Confidential Information of each party shall include the terms and conditions of this Agreement and all Order Forms, as well as any non-public business and marketing plans, technology and technical information, product plans and designs, and business processes disclosed by such party. However, Confidential Information shall not include any information that (a) is or becomes generally available to the public without breach of any obligation owed to the Disclosing Party; (b) was known to the Receiving Party prior to its disclosure by the Disclosing Party without breach of any obligation owed to the Disclosing Party; (c) is received from a third party without breach of any obligation owed to the Disclosing Party; or (d) was independently developed by the Receiving Party without use of or reliance on the Confidential Information of the Disclosing Party.
- Protection of Confidential Information. The Receiving Party shall (a) use the same degree of care that it uses to protect the confidentiality of its own confidential information of like kind (but in no event less than reasonable care); (b) not use any Confidential Information of the Disclosing Party for any purpose outside the scope of this Agreement; and (c) except as otherwise authorized by the Disclosing Party in writing, limit access to Confidential Information of the Disclosing Party to those of its and its Affiliates’ employees, contractors and agents who need such access for purposes consistent with this Agreement. Neither party shall disclose the terms of this Agreement or any Order Form to any third party other than its Affiliates, its advisors or in confidence in connection with bona fide fundraising or M&A due diligence activities.
- Compelled Access or Disclosure. The Receiving Party may access or disclose Confidential Information of the Disclosing Party if it is compelled by law to do so, provided the Receiving Party gives the Disclosing Party prior notice of such compelled access or disclosure (to the extent legally permitted) and reasonable assistance, at the Disclosing Party's cost, if the Disclosing Party wishes to contest the access or disclosure. If the Receiving Party is compelled by law to access or disclose the Disclosing Party’s Confidential Information as part of a civil proceeding to which the Disclosing Party is a party, and the Disclosing Party is not contesting the access or disclosure, the Disclosing Party will reimburse the Receiving Party for its reasonable cost of compiling and providing secure access to such Confidential Information.
- Representations, Warranties and Disclaimers.
- Mutual Representation. Each party represents that it has validly entered into this Agreement and has the legal power to do so.
- Disclaimer. EXCEPT AS EXPRESSLY PROVIDED FOR HEREIN, THE SERVICES, DOCUMENTATION, SUPPORT AND ALL RELATED COMPONENTS AND INFORMATION ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS WITHOUT ANY WARRANTIES OF ANY KIND, AND PRODUCTIV EXPRESSLY DISCLAIMS ANY AND ALL WARRANTIES, WHETHER EXPRESS OR IMPLIED, INCLUDING THE IMPLIED WARRANTIES OF MERCHANTABILITY, TITLE, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT. CUSTOMER ACKNOWLEDGES THAT PRODUCTIV DOES NOT WARRANT THAT THE SERVICES WILL BE UNINTERRUPTED, TIMELY, SECURE, OR ERROR-FREE. PRODUCTIV MAKES NO WARRANTY REGARDING AND DOES NOT SUPPORT ANY NON-PRODUCTIV APPLICATION.
- Limitation of Liability.
- Limitation of Liability. EXCEPT FOR (I) EITHER PARTY’S INDEMNIFICATION OBLIGATIONS UNDER SECTION 10 (“MUTUAL INDEMNIFICATION”), OR (II) DAMAGES ARISING OUT OF EITHER PARTY’S GROSS NEGLIGENCE OR WILLFUL MISCONDUCT, IN NO EVENT SHALL EITHER PARTY’S AGGREGATE LIABILITY ARISING OUT OF OR RELATED TO THIS AGREEMENT (WHETHER IN CONTRACT OR TORT OR UNDER ANY OTHER THEORY OF LIABILITY) EXCEED THE TOTAL AMOUNT PAID BY CUSTOMER HEREUNDER IN THE 12 MONTHS PRECEDING THE FIRST EVENT GIVING RISE TO LIABILITY. THE FOREGOING SHALL NOT LIMIT CUSTOMER'S PAYMENT OBLIGATIONS UNDER THE “FEES” SECTION ABOVE.
- Exclusion of Consequential and Related Damages. IN NO EVENT SHALL EITHER PARTY HAVE ANY LIABILITY TO THE OTHER PARTY OR TO ANY THIRD PARTY FOR ANY LOST PROFITS OR REVENUES OR FOR ANY INDIRECT, SPECIAL, INCIDENTAL, CONSEQUENTIAL, COVER OR PUNITIVE DAMAGES HOWEVER CAUSED, WHETHER IN CONTRACT, TORT OR UNDER ANY OTHER THEORY OF LIABILITY, AND WHETHER OR NOT THE PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. THE FOREGOING DISCLAIMER SHALL NOT APPLY TO THE EXTENT PROHIBITED BY APPLICABLE LAW.
- Scope of Limitation. The limitations hereunder apply with respect to all legal theories, whether in contract, tort or otherwise. The provisions of this ’Limitation of Liability’ section allocate the risks under this Agreement between the parties, and the parties have relied on these limitations in determining whether to enter into this Agreement.
- Mutual Indemnification.
- Productiv Indemnification. Productiv shall defend Customer and its Affiliates, and its and their respective officers, directors, employees and contractors, from and against a suit or proceeding by a third party alleging that the Services provided by Productiv hereunder, or use of such Services by Customer, violates, infringes or misappropriates a third party’s intellectual property right (a "Claim Against Customer"), and shall indemnify Customer for any damages, attorney fees and costs finally awarded against Customer as a result of, and for amounts paid by Customer under a court-approved settlement of, a Claim Against Customer; provided, however, that Productiv shall have no liability under this Section 10(a) to the extent a Claim Against Customer arises from (i) Customer Data or a Non-Productiv Application; (ii) Customer’s negligence, misconduct, or breach of this Agreement; (iii) any modification, combination or development of the Services that is not performed by Productiv, including in the use of any APIs; or (iv) the use of any version of software other than the most current release made available by Productiv.
- Customer Indemnification. Customer shall defend Productiv and its Affiliates, and its and their respective officers, directors, employees and contractors, from and against a suit or proceeding by a third party alleging that Customer’s provision or use of Customer Data hereunder violates a third party right or agreement, or applicable law (each, a "Claim Against Productiv"), and shall indemnify Productiv for any damages, attorney fees and costs finally awarded against Productiv as a result of, or for any amounts paid by Productiv under a court-approved settlement of, a Claim Against Productiv; provided, however, that Customer shall have no liability under this Section 10(b) to the extent a Claim Against Productiv arises from Productiv’s breach of this Agreement.
- Indemnification Procedure. The indemnified party will provide the indemnifying party with prompt written notice of any claim, suit or demand, the right to assume the exclusive defense and control of any matter that is subject to indemnification, and cooperation with any reasonable requests assisting the indemnifying party’s defense and settlement of such matter.
- Exclusive Remedy. This "Mutual Indemnification" section states the indemnifying party’s sole liability to, and the indemnified party’s exclusive remedy against, the other party for any type of claim described in this section.
- General Provisions.
- Relationship of the Parties. The parties are independent contractors. This Agreement does not create a partnership, franchise, joint venture, agency, fiduciary or employment relationship between the parties.
- No Third-Party Beneficiaries. TThere are no third-party beneficiaries to this Agreement.
- Notices. Except as otherwise set forth herein, all notices under this Agreement will be in writing addressed to the parties at the address set forth in the preamble of this Agreement and will be deemed to have been duly given (a) when received, if personally delivered; (b) the first business day after sending by email; (c) the day after it is sent, if sent for next day delivery by recognized overnight delivery service; and (d) upon receipt, if sent by certified or registered mail, return receipt requested.
- Waiver. No failure or delay by either party in exercising any right under this Agreement shall constitute a waiver of that right.
- Severability. If any provision of this Agreement is held by a court of competent jurisdiction to be contrary to law, the provision shall be modified by the court and interpreted so as best to accomplish the objectives of the original provision to the fullest extent permitted by law, and the remaining provisions of this Agreement shall remain in effect.
- Assignment. Neither party may assign any of its rights or obligations hereunder, whether by operation of law or otherwise, without the prior written consent of the other party (not to be unreasonably withheld). Notwithstanding the foregoing, either party may assign this Agreement in its entirety (including all Order Forms), without consent of the other party, to its Affiliate or in connection with a merger, acquisition, corporate reorganization, or sale of all or substantially all of its assets. A party’s sole remedy for any purported assignment by the other party in breach of this paragraph are those described in the “Termination for Cause” and “Refund or Payment upon Termination” sections of this Agreement. Subject to the foregoing, this Agreement shall bind and inure to the benefit of the parties, their respective successors and permitted assigns.
- Governing Law. This Agreement, and any disputes arising out of or related hereto, shall be governed exclusively by the internal laws of the State of California, without regard to its conflicts of laws rules or the United Nations Convention on the International Sale of Goods.
- Venue; Waiver of Jury Trial; Fees. The state and federal courts located in San Francisco County, California shall have exclusive jurisdiction to adjudicate any dispute arising out of or relating to this Agreement. Each party hereby consents to the exclusive jurisdiction of such courts. Each party also hereby waives any right to jury trial in connection with any action or litigation in any way arising out of or related to this Agreement. In any action or proceeding to enforce rights under this Agreement, the prevailing party will be entitled to recover its reasonable costs and attorneys’ fees.
- Modifications. As Productiv’s business evolves, Productiv may update this Agreement and post the updated Agreement here (or a successor site). Productiv will provide Customer with reasonable notice prior to material changes taking effect, including by reference on an Order Form, via the Services or e-mail, or by posting the updated terms on our public website. Customer can review the most current version of the Agreement at any time by visiting the Productiv website. The revised Agreement will become effective upon posting of the change. If Customer accesses or uses the Services after the effective date, that use will constitute Customer’s acceptance of any revised terms and conditions.
- Entire Agreement. This Agreement, including all exhibits and addenda hereto and all Order Forms, constitutes the entire agreement between the parties and supersedes all prior and contemporaneous agreements, proposals or representations, written or oral, concerning Customer’s purchase and use of the Services. Without limiting the foregoing, this Agreement supersedes the terms of any online agreement electronically accepted by Customer. No modification, amendment, or waiver of any provision of this Agreement shall be effective unless in writing and signed by the party against whom the modification, amendment or waiver is to be asserted. However, to the extent of any conflict or inconsistency between the provisions in the body of this Agreement and any exhibit or addendum hereto or any Order Form, the terms of such exhibit, addendum or Order Form shall prevail. Notwithstanding any language to the contrary therein, no terms or conditions stated in or accepted by Productiv during a vendor onboarding process or web portal, a Customer purchase order, or any other Customer order documentation (excluding Order Forms) shall be incorporated into or form any part of this Agreement, and all such terms or conditions shall be null and void.
Schedule A
Productiv Security Practices
Information Security Team
An internal Productiv group is responsible for enforcing the information and operational security policies, including those in this Schedule. This group currently consists of the CTO, Head of Security, engineers and other security personnel. The team may be contacted at [email protected].
Infrastructure
Services are operated on a multitenant architecture that is designed to segregate and restrict access to the Customer Data made available via the Services. Productiv uses infrastructure provided by Amazon Web Services, Inc. (“AWS”) to host and process Customer Data. Information about security provided by AWS is available from the AWS Security website. Information about security and privacy-related audits and certifications received by AWS, including information on ISO 27001 certification and SOC reports, is available from the AWS Compliance website.
Security Controls
Productiv will implement and maintain appropriate technical and organizational measures designed to protect Customer Data against accidental or unlawful destruction, loss, alteration, and unauthorized disclosure of or access to Customer Data processed or transmitted through the Services. Security controls include the following:
- Encryption: The Services use TLS 1.2 and AES-256 encryption to protect Customer Data (1) during transmissions between a customer's network and the Services; and (2) when at rest.
- Access Controls: Productiv maintains access controls for its website, APIs, and backend data stores. Productiv source-code utilizes GitHub and Customer Data is primarily processed from AWS. For each of these services, we require manager approval before Productiv personnel are granted access to these systems, have multiple levels of access starting with read-only access to limited sections, and only grant the minimum level of access required. Productiv performs recurring audits of users with access to these systems, and their levels of access. Productiv utilizes single sign-on to enforce 2-factor authentication, strong password requirements, and automatic password-expiry for all of these services.
- Threat Detection: Productiv has set up tools for automated threat detection. This includes both internal and external vulnerability scans for networks and systems. Productiv performs annual penetration testing from an independent / third party on our external network, internal network and applications.
Product Security
Productiv supports the capability to set up SAML-based authentication for access to the Services. The Services support different roles that allow different levels of access to different aspects of the platform, including controls on financial data, specific apps, or user management.
Audits
The Services undergo security assessments by internal personnel and external security firms who perform regular audits to verify that our security practices are sound and to monitor the Services for new vulnerabilities discovered by the security research community. Confidential SOC 2 reports are available to customers and prospects upon request under non-disclosure agreement.
Incident Management
Productiv will maintain incident management policies and procedures designed to promptly investigate, identify, and remediate unauthorized disclosure of Customer Data. In the event of any confirmed or reasonably suspected unauthorized disclosure of Customer Data resulting from a breach of Productiv’s security obligations, Productiv will promptly notify Customer. Upon request from a Customer, Productiv will communicate the status and post-mortem details of such an incident.
Backup and Disaster Recovery
The Services are built with redundancy and availability in mind. All Customer Data stored in AWS is replicated for high availability. All production and backup services are hosted within the continental United States. The primary AWS region is set to us-west-2 (Oregon) and Productiv utilizes us-east-1 (N. Virginia) for backup. The Services run physically separated and isolated availability zones connected through low-latency links. Each availability zone comprises one or more discrete data centers, each with redundant power, networking, and connectivity, housed in separate facilities. Productiv has configured systems in AWS in a way that disaster-recovery - for datacenter and availability zone failures - is automatic and no human intervention is needed. In the event of a complete failure in the us-west-2 region, Productiv has processes and procedures in place to implement a failover to us-east-1. Failover testing is performed twice per year to help ensure Productiv is prepared in the event of a scenario requiring failover.
Data Deletion
Customer may request deletion of Customer Data at any time by emailing [email protected]. Productiv deletes Customer Data from the primary AWS datastores and backups within 60 business days of request and supplies notification of completion via email. Aggregate Usage Data does not constitute Customer Data and will be maintained in accordance with Productiv’s data retention practices.
Personnel Practices
All employees with access to technical resources are required to complete security training. When an employee’s work relationship with Productiv is ending or ends, Productiv’s operations team revokes access to any proprietary technical systems.
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